2U, Inc. 4
4 · 2U, Inc. · Filed Apr 6, 2017
Insider Transaction Report
Form 4
2U, Inc.TWOU
Macias Edward S.
Director
Transactions
- Award
Common Stock
2017-04-04$39.69/sh+629$24,965→ 17,377 total - Award
Common Stock
2017-04-04+1,385→ 18,762 total - Award
Employee Stock Option (right to buy)
2017-04-04+2,899→ 2,899 totalExercise: $39.69Exp: 2027-04-01→ Common Stock (2,899 underlying)
Footnotes (5)
- [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, 2018, 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, 2018, 2019 and 2020, subject to the reporting person's continued service as a director of the issuer as of the applicable vesting date.
- [F5]The option award will vest as to one-third of the underlying shares on each of April 1, 2018, 2019 and 2020, subject to the reporting person's continued service with the issuer as of the applicable vesting date.