Coretha M. Rushing - 12 May 2022 Form 4 Insider Report for 2U, Inc.

Role
Director
Signature
/s/ Matthew J. Norden, attorney-in-fact
Issuer symbol
N/A
Transactions as of
12 May 2022
Net transactions value
+$64,971
Form type
4
Filing time
13 May 2022, 16:21:37 UTC
Previous filing
13 Jan 2022
Next filing
27 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWOU Common Stock Award $0 +21,246 +87% $0.000000 45,765 12 May 2022 Direct F1, F2
transaction TWOU Common Stock Award $54,981 +4,909 +11% $11.20 50,674 12 May 2022 Direct F1, F2, F3
transaction TWOU Common Stock Award $9,990 +892 +1.8% $11.20 51,566 12 May 2022 Direct F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The security represents restricted stock units granted to the reporting person. Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer.
F2 The shares underlying this restricted stock unit award will vest in full on April 1, 2023, subject to the reporting person's continued service as a director of the issuer as of that date.
F3 The restricted stock units were issued to the reporting person in lieu of annual director retainer fees of $55,000.
F4 The restricted stock units were issued to the reporting person in lieu of annual committee member retainer fees of $10,000.