Harsha Mokkarala - Jul 28, 2022 Form 3 Insider Report for 2U, Inc. (TWOU)

Role
CHIEF REVENUE OFFICER
Signature
/s/ Matthew J. Norden, attorney-in-fact
Stock symbol
TWOU
Transactions as of
Jul 28, 2022
Transactions value $
$0
Form type
3
Date filed
8/4/2022, 04:25 PM
Next filing
Aug 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
holding TWOU Common Stock 221K Jul 28, 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding TWOU Employee Stock Option (right to buy) Jul 28, 2022 Common Stock 2.55K $25.52 Direct F2
holding TWOU Employee Stock Option (right to buy) Jul 28, 2022 Common Stock 2.75K $30.83 Direct F2
holding TWOU Employee Stock Option (right to buy) Jul 28, 2022 Common Stock 4.06K $22.67 Direct F2
holding TWOU Employee Stock Option (right to buy) Jul 28, 2022 Common Stock 5.49K $39.66 Direct F2
holding TWOU Employee Stock Option (right to buy) Jul 28, 2022 Common Stock 19.2K $84.03 Direct F2
holding TWOU Employee Stock Option (right to buy) Jul 28, 2022 Common Stock 22.6K $72.02 Direct F3

Explanation of Responses:

Id Content
F1 133,601 shares are represented by restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer.
F2 The shares underlying this option are fully vested.
F3 The option award vests as follows: 25% on April 1, 2020, and the remaining 75% of the underlying shares vest in equal monthly installments each month thereafter for 36 months, subject to the reporting person's continued service with the issuer as of the applicable vesting date.