SEC Form 4 · accession 0001104659-15-079429
2U, Inc. · TWOU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher J Paucek
Officer — Chief Executive Officer · Director
Period of report
Nov 12, 2015
Accepted (ET)
Nov 16, 2015 · 9:16 pm EST
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 | Nov 12, 2015 | M | 87,833 | $3.08 | A | 202,163 | 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)F1 | $3.08 | Nov 12, 2015 | M | 87,833 | D | — | Feb 27, 2022 | Common Stock | 87,833 | 162,507 | D |
Explanation of responses
- F125% of the shares underlying this option at the date of grant vested on January 1, 2013, 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.