Hammond Rani 4
4 · 2U, Inc. · Filed Oct 11, 2017
Insider Transaction Report
Form 4
2U, Inc.TWOU
Hammond Rani
Chief People Officer
Transactions
- Award
Common Stock
2017-10-09+5,604→ 5,604 total - Award
Employee Stock Option (right to buy)
2017-10-09+12,093→ 12,093 totalExercise: $57.99Exp: 2027-10-01→ Common Stock (12,093 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 October 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 October 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.