2U, Inc. 4
4 · 2U, Inc. · Filed Apr 5, 2016
Insider Transaction Report
Form 4
2U, Inc.TWOU
Papaconstantopoulos Andrea
SVP, Corp.Controller and CAO
Transactions
- Award
Common Stock
2016-04-01+4,190→ 5,038 total - Award
Stock Option (right to buy)
2016-04-01+8,631→ 8,631 totalExercise: $22.67Exp: 2026-04-01→ Common Stock (8,631 underlying)
Footnotes (3)
- [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 as to one-fourth of the underlying shares on each of April 1, 2017, 2018, 2019 and 2020, subject to the reporting person's continued service with the issuer as of the applicable vesting date.
- [F3]The option award will vest as follows: 25% of the underlying shares will vest on April 1, 2017, and the remaining 75% of the underlying shares will vest in equal monthly installments each month thereafter for 36 months, subject to the reporting person's continued service with the issuer as of the applicable vesting date.