2U, Inc. 4
4 · 2U, Inc. · Filed Apr 7, 2016
Insider Transaction Report
Form 4
2U, Inc.TWOU
KRAWCHECK SALLIE
Director
Transactions
- Award
Common Stock
2016-04-05+2,384→ 17,170 total - Award
Common Stock
2016-04-05+650→ 17,820 total - Award
Common Stock
2016-04-05$23.07/sh+217$5,006→ 18,037 total - Award
Common Stock
2016-04-05$23.07/sh+1,083$24,985→ 14,786 total - Award
Employee Stock Option (right to buy)
2016-04-05+4,957→ 4,957 totalExercise: $23.07Exp: 2026-04-01→ Common Stock (4,957 underlying)
Footnotes (6)
- [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, 2017, subject to the reporting person's continued service as a director of the issuer as of that date.
- [F3]The restricted stock units were issued to the reporting person in lieu of annual director retainer fees of $25,000.
- [F4]The restricted stock unit award will vest as to one-third of the underlying shares on each of April 1, 2017, 2018 and 2019, subject to the reporting person's continued service as a director of the issuer as of the applicable vesting date.
- [F5]The restricted stock units were issued to the reporting person in lieu of annual chair retainer fees of $5,000.
- [F6]The option award will vest as to one-third of the underlying shares on each of April 1, 2017, 2018 and 2019, subject to the reporting person's continued service with the issuer as of the applicable vesting date.