Macias Edward S. 4
4 · 2U, Inc. · Filed Apr 29, 2019
Insider Transaction Report
Form 4
2U, Inc.TWOU
Macias Edward S.
Director
Transactions
- Award
Common Stock
2019-04-25$61.01/sh+409$24,953→ 20,186 total - Award
Employee Stock Option (right to buy)
2019-04-25+3,601→ 3,601 totalExercise: $61.01Exp: 2029-04-25→ Common Stock (3,601 underlying) - Award
Common Stock
2019-04-25+1,639→ 21,825 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, 2020, 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, 2020, 2021 and 2022, 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, 2020, 2021 and 2022, subject to the reporting person's continued service with the issuer as of the applicable vesting date.