Accession Number: | 0001179110-20-010261 |
Date: | 2020-10-01 |
Issuer: | 2U, INC. (TWOU) |
Original Submission Date: |
KENIGSBERG JAMES
C/O 2U, INC.
7900 HARKINS ROAD
LANHAM, MD 20706
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
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COMMON STOCK | 2020-10-01 | A | 35,876 | a | $0.00 | 156,797 | direct | ||
COMMON STOCK | 2020-10-01 | F | 15,840 | d | $34.84 | 140,957 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
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ID | footnote |
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f1 | on october 1, 2019 and january 29, 2020, the reporting person was granted an award of performance-based restricted stock units, which vest in the form of common stock based upon the issuer's total stockholder return ("tsr") relative to the tsr of the companies in the russell 3000 index as measured over one, two and three year performance periods, each commencing on october 1, 2019. on october 1, 2020, the compensation committee of the issuer's board of directors determined that the achievement percentage for the first performance period was 200%, resulting in the vesting of these shares. |