SEC Form 4 · accession 0001104659-16-121882
2U, Inc. · TWOU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John M Larson
Director
Period of report
May 16, 2016
Accepted (ET)
May 18, 2016 · 4:32 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 StockF2,F3 | May 16, 2016 | S | 10,576 | $27.10 | D | 332,312 | I | By Triumph Capital |
| Common StockF4,F3 | May 16, 2016 | S | 6,090 | $27.37 | D | 326,222 | I | By Triumph Capital |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 14, 2015.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.30 to $27.30, 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.
- F3These shares are held by Triumph Capital, LLC ("Triumph"). The reporting person is the sole member of Triumph.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.31 to $27.51, 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 (4) to this Form 4.