Andrew Hermalyn - Jan 3, 2024 Form 3 Insider Report for 2U, Inc. (TWOU)

Role
PRESIDENT, DEGREE SEGMENT
Signature
Matthew J. Norden, attorney-in-fact
Stock symbol
TWOU
Transactions as of
Jan 3, 2024
Transactions value $
$0
Form type
3
Date filed
1/4/2024, 05:55 PM
Next filing
Feb 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TWOU Common Stock 389K Jan 3, 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) Jan 3, 2024 Common Stock 4.45K $11.00 Direct F3
holding TWOU Employee Stock Option (right to buy) Jan 3, 2024 Common Stock 3.41K $25.52 Direct F3
holding TWOU Employee Stock Option (right to buy) Jan 3, 2024 Common Stock 729 $32.20 Direct F3
holding TWOU Employee Stock Option (right to buy) Jan 3, 2024 Common Stock 6.21K $22.67 Direct F3
holding TWOU Employee Stock Option (right to buy) Jan 3, 2024 Common Stock 924 $29.53 Direct F3
holding TWOU Employee Stock Option (right to buy) Jan 3, 2024 Common Stock 5.71K $39.66 Direct F3
holding TWOU Employee Stock Option (right to buy) Jan 3, 2024 Common Stock 4.69K $56.04 Direct F3
holding TWOU Employee Stock Option (right to buy) Jan 3, 2024 Common Stock 15.4K $84.03 Direct F3
holding TWOU Employee Stock Option (right to buy) Jan 3, 2024 Common Stock 18.1K $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.