Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | TWOU | Common Stock | Award | $0 | +179K | +36.26% | $0.00 | 671K | Mar 27, 2023 | Direct | F1, F2 |
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 restricted stock unit award will vest quarterly in equal installments as to 1/12th of the underlying shares beginning on April 1, 2023, and continuing in equal quarterly installments until 100% vested, subject to the reporting person's continued service with the issuer as of the applicable vesting date. |