Filing Details

Accession Number:
0001179110-16-030034
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-09-26 16:50:04
Reporting Period:
2016-09-22
Filing Date:
2016-09-26
Accepted Time:
2016-09-26 16:50:04
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1459417 2U Inc. TWOU Services-Prepackaged Software (7372) 262335939
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1603516 James Kenigsberg C/O 2U, Inc.
8201 Corporate Drive, Suite 900
Landover MD 20785
Chief Technology Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2016-09-22 3,132 $5.75 58,654 No 4 M Direct
Common Stock Acquisiton 2016-09-22 2,336 $11.00 60,990 No 4 M Direct
Common Stock Disposition 2016-09-22 5,468 $36.58 55,522 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (right to buy) Acquisiton 2016-09-22 3,132 $0.00 3,132 $5.75
Common Stock Employee Stock Option (right to buy) Acquisiton 2016-09-22 2,336 $0.00 2,336 $11.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
14,589 2023-02-25 No 4 M Direct
31,788 2024-03-06 No 4 M Direct
Footnotes
  1. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 22, 2016.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.00 to $36.75, inclusive. The reporting person undertakes to provide to 2U, Inc., any security holder of 2U, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
  3. 25% of the shares underlying this option vested on February 25, 2014 and the remaining shares vest in 36 equal monthly installments thereafter, subject to the reporting person's continued service with the issuer as of the applicable vesting date.
  4. 25% of the shares underlying this option vested on January 31, 2015 and the remaining shares vest in 36 equal monthly installments thereafter, subject to the reporting person's continued service with the issuer as of the applicable vesting date.