SEC Form 4 · accession 0001104659-15-037288
2U, Inc. · TWOU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Chernis
Director
Period of report
May 11, 2015
Accepted (ET)
May 12, 2015 · 4:31 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 | May 11, 2015 | M | 1,500 | $0.60 | A | 10,234 | D | |
| Common Stock | May 11, 2015 | S | 1,500 | $27.91 | D | 8,734 | 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 | May 11, 2015 | M | 1,500 | D | — | Jan 23, 2019 | Common Stock | 1,500 | 92,500 | 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.