Ellis John B. 4
4 · 2U, Inc. · Filed Apr 3, 2019
Insider Transaction Report
Form 4
2U, Inc.TWOU
Ellis John B.
Chief Accounting Officer
Transactions
- Award
Common Stock
2019-04-01+2,429→ 4,208 total - Award
Common Stock
2019-04-01+1,388→ 5,596 total - Award
Employee Stock Option (right to buy)
2019-04-01+5,283→ 5,283 totalExercise: $72.02Exp: 2029-04-01→ Common Stock (5,283 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, 2020, 2021, 2022 and 2023, 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, 2020, 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.