Andrew Hermalyn - 03 Jan 2024 Form 3 Insider Report for 2U, Inc.

Role
PRESIDENT, DEGREE SEGMENT
Signature
Matthew J. Norden, attorney-in-fact
Issuer symbol
N/A
Transactions as of
03 Jan 2024
Net transactions value
$0
Form type
3
Filing time
04 Jan 2024, 17:55:06 UTC
Next filing
26 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TWOU Common Stock 388,573 03 Jan 2024 Direct F1, F2

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) 03 Jan 2024 Common Stock 4,449 $11.00 Direct F3
holding TWOU Employee Stock Option (right to buy) 03 Jan 2024 Common Stock 3,409 $25.52 Direct F3
holding TWOU Employee Stock Option (right to buy) 03 Jan 2024 Common Stock 729 $32.20 Direct F3
holding TWOU Employee Stock Option (right to buy) 03 Jan 2024 Common Stock 6,213 $22.67 Direct F3
holding TWOU Employee Stock Option (right to buy) 03 Jan 2024 Common Stock 924 $29.53 Direct F3
holding TWOU Employee Stock Option (right to buy) 03 Jan 2024 Common Stock 5,713 $39.66 Direct F3
holding TWOU Employee Stock Option (right to buy) 03 Jan 2024 Common Stock 4,686 $56.04 Direct F3
holding TWOU Employee Stock Option (right to buy) 03 Jan 2024 Common Stock 15,359 $84.03 Direct F3
holding TWOU Employee Stock Option (right to buy) 03 Jan 2024 Common Stock 18,115 $72.02 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 69,457 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 250,000 shares are represented by performance-based restricted stock units, which are eligible to vest upon the 30-day average stock price of the Issuer attaining at least $10.00 on or prior to January 3, 2026.
F3 The shares underlying this option are fully vested.