ROBERT M. STAVIS - 05 May 2023 Form 4 Insider Report for 2U, Inc. (TWOU)

Role
Director
Signature
/s/ Matthew J. Norden, attorney-in-fact
Issuer symbol
TWOU
Transactions as of
05 May 2023
Net transactions value
$0
Form type
4
Filing time
08 May 2023, 17:25:38 UTC
Previous filing
13 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 +33% $0.000000 85,476 05 May 2023 Direct F1, F2
holding TWOU Common Stock 103,130 05 May 2023 Direct
holding TWOU Common Stock 35,707 05 May 2023 See footnote F3
holding TWOU Common Stock 35,740 05 May 2023 See footnote 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, 2024, subject to the reporting person's continued service as a director of the issuer as of that date.
F3 The shares reported are held by Stavis Ventures II, LLC ("Stavis Ventures"). Stavis Ventures is controlled by the reporting person, and the reporting person disclaims beneficial ownership of the shares held by this entity, except to the extent of his pecuniary interest therein, if any.
F4 The shares reported are held by Stavco Venture Holdings LLC ("Stavco Venture Holdings"). Stavco Venture Holdings is controlled by the spouse of the reporting person, and the reporting person disclaims beneficial ownership of the shares held by this entity, except to the extent of his pecuniary interest therein, if any.