4//SEC Filing
Mokkarala Harsha 4
Accession 0001179110-17-014036
CIK 0001459417other
Filed
Nov 12, 7:00 PM ET
Accepted
Nov 13, 4:53 PM ET
Size
16.2 KB
Accession
0001179110-17-014036
Insider Transaction Report
Form 4
2U, Inc.TWOU
Mokkarala Harsha
Chief Marketing Officer
Transactions
- Exercise/Conversion
Common Stock
2017-11-10$22.67/sh+8,518$193,103→ 47,869 total - Exercise/Conversion
Common Stock
2017-11-10$11.00/sh+11,253$123,783→ 59,288 total - Exercise/Conversion
Employee Stock Option (right to buy)
2017-11-10−8,518→ 18,740 totalExercise: $22.67Exp: 2026-04-01→ Common Stock (8,518 underlying) - Exercise/Conversion
Common Stock
2017-11-10$8.45/sh+166$1,403→ 48,035 total - Sale
Common Stock
2017-11-10$63.25/sh−22,658$1,433,119→ 36,630 total - Exercise/Conversion
Employee Stock Option (right to buy)
2017-11-10−166→ 22,939 totalExercise: $8.45Exp: 2023-11-26→ Common Stock (166 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
2017-11-10−11,253→ 7,567 totalExercise: $11.00Exp: 2024-03-06→ Common Stock (11,253 underlying)
Footnotes (5)
- [F1]The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 14, 2017.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.75 to $63.60, inclusive. The reporting person undertakes to provide to 2U, Inc., any security holder of 2U, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
- [F3]The option award vests as follows: 25% of the underlying shares vested 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.
- [F4]The shares underlying this option are fully vested.
- [F5]The option award vests as follows: 25% of the shares vested on January 31, 2015 , and the remaining shares vest in equal monthly installments through January 31, 2018, subject to the reporting person's continued service with the issuer as of the applicable vesting date.
Documents
Issuer
2U, Inc.
CIK 0001459417
Entity typeother
Related Parties
1- filerCIK 0001665202
Filing Metadata
- Form type
- 4
- Filed
- Nov 12, 7:00 PM ET
- Accepted
- Nov 13, 4:53 PM ET
- Size
- 16.2 KB