Lewis Earl 4
4 · 2U, Inc. · Filed Apr 27, 2018
Insider Transaction Report
Form 4
2U, Inc.TWOU
Lewis Earl
Director
Transactions
- Award
Common Stock
2018-04-25+698→ 18,210 total - Award
Common Stock
2018-04-25+63→ 18,273 total - Award
Employee Stock Option (right to buy)
2018-04-25+1,504→ 1,504 totalExercise: $78.77Exp: 2028-04-25→ Common Stock (1,504 underlying) - Award
Common Stock
2018-04-25$78.77/sh+317$24,970→ 17,512 total
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, 2019, 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, 2019, 2020 and 2021, 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, 2019, 2020 and 2021, subject to the reporting person's continued service with the issuer as of the applicable vesting date.