2U, Inc. 4
4 · 2U, Inc. · Filed Apr 5, 2017
Insider Transaction Report
Form 4
2U, Inc.TWOU
GRAHAM CATHERINE A
Chief Financial Officer
Transactions
- Award
Common Stock
2017-04-03+18,910→ 67,133 total - Tax Payment
Common Stock
2017-04-03$40.11/sh−2,745$110,102→ 64,388 total - Award
Employee Stock Option (right to buy)
2017-04-03+39,178→ 39,178 totalExercise: $39.66Exp: 2027-04-01→ Common Stock (39,178 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, 2018, 2019, 2020 and 2021, 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, 2018, 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.