SEC Form 4 · accession 0001104659-15-018865
2U, Inc. · TWOU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Chernis
Director
Period of report
Mar 10, 2015
Accepted (ET)
Mar 11, 2015 · 4:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001459417
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 10, 2015 | M | 1,500 | $0.60 | A | 7,296 | D | |
| Common Stock | Mar 10, 2015 | S | 1,500 | $18.07 | D | 5,796 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $0.60 | Mar 10, 2015 | M | 1,500 | D | — | Jan 23, 2019 | Common Stock | 1,500 | 95,500 | D |
Explanation of responses
- F1The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 7, 2014.
- F2The shares underlying this option are fully vested.