ROBERT M. STAVIS - 12 May 2022 Form 4 Insider Report for 2U, Inc.

Role
Director
Signature
/s/ Matthew J. Norden, attorney-in-fact
Issuer symbol
N/A
Transactions as of
12 May 2022
Net transactions value
+$79,968
Form type
4
Filing time
13 May 2022, 16:07:16 UTC
Previous filing
07 May 2021
Next filing
08 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWOU Common Stock Award $0 +21,246 +59% $0.000000 57,090 12 May 2022 Direct F1, F2, F3
transaction TWOU Common Stock Award $54,981 +4,909 +8.6% $11.20 61,999 12 May 2022 Direct F1, F2, F3, F4
transaction TWOU Common Stock Award $24,987 +2,231 +3.6% $11.20 64,230 12 May 2022 Direct F1, F2, F3, F5
holding TWOU Common Stock 103,130 12 May 2022 Direct
holding TWOU Common Stock 35,707 12 May 2022 See footnote F6
holding TWOU Common Stock 35,740 12 May 2022 See footnote F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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, 2023, 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 $55,000.
F5 The restricted stock units were issued to the reporting person in lieu of annual chair retainer fees of $25,000.
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.