Paul A. Maeder - May 5, 2023 Form 4 Insider Report for 2U, Inc. (TWOU)

Role
Director
Signature
/s/ Matthew J. Norden, attorney-in-fact
Stock symbol
TWOU
Transactions as of
May 5, 2023
Transactions value $
$0
Form type
4
Date filed
5/8/2023, 05:22 PM
Previous filing
May 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWOU Common Stock Award $0 +21.2K +9.83% $0.00 237K May 5, 2023 Direct F1, F2
holding TWOU Common Stock 39.9K May 5, 2023 By Altaheide LLC F3
* 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, 2024, subject to the reporting person's continued service as a director of the issuer as of that date.
F3 These shares are held by Altaheide LLC, the sole members of which are certain trusts for the benefit of the reporting person's children. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.