4//SEC Filing
STAVIS ROBERT M 4
Accession 0001209191-18-026771
CIK 0001459417other
Filed
Apr 26, 8:00 PM ET
Accepted
Apr 27, 9:50 PM ET
Size
13.6 KB
Accession
0001209191-18-026771
Insider Transaction Report
Form 4
2U, Inc.TWOU
STAVIS ROBERT M
Director
Transactions
- Award
Common Stock
2018-04-25$78.77/sh+63$4,963→ 115,125 total - Award
Common Stock
2018-04-25+190→ 115,315 total - Award
Common Stock
2018-04-25+698→ 114,745 total - Award
Common Stock
2018-04-25$78.77/sh+317$24,970→ 115,062 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)
Footnotes (7)
- [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-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.
- [F3]The amount reported includes 35,707 shares held by Stavis Ventures II, LLC ("Stavis Ventures"), and 35,740 shares held by Stavco Venture Holdings LLC ("Stavco Venture Holdings"). Stavis Ventures and Stavco Venture Holdings are controlled by the reporting person, and the reporting person disclaims beneficial ownership of the shares held by these entities, except to the extent of his pecuniary interest therein, if any.
- [F4]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.
- [F5]The restricted stock units were issued to the reporting person in lieu of annual director retainer fees of $25,000.
- [F6]The restricted stock units were issued to the reporting person in lieu of annual chairman retainer fees of $5,000.
- [F7]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.
Documents
Issuer
2U, Inc.
CIK 0001459417
Entity typeother
Related Parties
1- filerCIK 0001241953
Filing Metadata
- Form type
- 4
- Filed
- Apr 26, 8:00 PM ET
- Accepted
- Apr 27, 9:50 PM ET
- Size
- 13.6 KB