Hoffert Heather 4
4 · 2U, Inc. · Filed Feb 26, 2024
Insider Transaction Report
Form 4
2U, Inc.TWOU
Hoffert Heather
PRINCIPAL ACCOUNTING OFFICER
Transactions
- Award
Common Stock
2024-02-22+1,340→ 50,295 total - Tax Payment
Common Stock
2024-02-26$0.40/sh−474$190→ 49,821 total
Footnotes (2)
- [F1]The security represents shares granted to the reporting person in connection with the certification of performance metrics of performance-based restricted stock units previously granted to the reporting person.
- [F2]The reporting person was granted performance-based restricted stock units on March 10, 2022, which vest in the form of common stock based on metrics previously set by the Compensation Committee of issuer's Board as measured over three one-year performance periods (the "2022 Award") commencing on January 1 of 2022, 2023 and 2024. On February 22, 2024, the Compensation Committee determined the achievement percentage attained for the second performance period of the 2022 Award, which resulted in the acquisition of these shares.