4//SEC Filing
STAVIS ROBERT M 4
Accession 0001209191-20-027574
CIK 0001459417other
Filed
May 5, 8:00 PM ET
Accepted
May 6, 9:28 PM ET
Size
13.4 KB
Accession
0001209191-20-027574
Insider Transaction Report
Form 4
2U, Inc.TWOU
STAVIS ROBERT M
Director
Transactions
- Award
Common Stock
2020-05-04$25.40/sh+984$24,994→ 26,970 total - Award
Common Stock
2020-05-04$25.40/sh+196$4,978→ 27,756 total - Award
Common Stock
2020-05-04+7,874→ 25,986 total - Award
Common Stock
2020-05-04+590→ 27,560 total
Holdings
- 103,130
Common Stock
- 35,707(indirect: See footnote)
Common Stock
- 35,740(indirect: See footnote)
Common Stock
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 shares underlying this restricted stock unit award will vest in full on April 1, 2021, subject to the reporting person's continued service as a director of the issuer as of that date.
- [F3]The reporting person has agreed to assign to Deer Management Co. LLC the right to any shares issuable pursuant to the restricted stock unit award or any proceeds from the sale thereof; accordingly, the reporting person disclaims beneficial ownership of these restricted stock units except to the extent of his pecuniary interest therein, if any.
- [F4]The restricted stock units were issued to the reporting person in lieu of annual director retainer fees of $25,000.
- [F5]The restricted stock units were issued to the reporting person in lieu of annual chairman retainer fees of $5,000.
- [F6]The shares reported are held by Stavis Ventures II, LLC ("Stavis Ventures"). Stavis Ventures is controlled by the reporting person, and the reporting person disclaims beneficial ownership of the shares held by this entity, except to the extent of his pecuniary interest therein, if any.
- [F7]The shares reported are held by Stavco Venture Holdings LLC ("Stavco Venture Holdings"). Stavco Venture Holdings is controlled by the spouse of the reporting person, and the reporting person disclaims beneficial ownership of the shares held by this entity, except to the extent of his pecuniary interest therein, if any.
Documents
Issuer
2U, Inc.
CIK 0001459417
Entity typeother
Related Parties
1- filerCIK 0001241953
Filing Metadata
- Form type
- 4
- Filed
- May 5, 8:00 PM ET
- Accepted
- May 6, 9:28 PM ET
- Size
- 13.4 KB