Filing Details

Accession Number:
0001179110-16-029759
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-09-16 20:27:33
Reporting Period:
2016-09-14
Filing Date:
2016-09-16
Accepted Time:
2016-09-16 20:27:33
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1459417 2U Inc. TWOU () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1201583 M Timothy Haley C/O 2U, Inc.
8201 Corporate Drive, Suite 900
Landover MD 20785
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2016-03-14 8,145 $0.00 89,448 No 5 G Indirect By Family Trust
Common Stock Disposition 2016-05-27 1,925 $0.00 111,564 No 5 G Indirect By Family Trust
Common Stock Disposition 2016-09-14 17,817 $33.00 115,484 No 4 S Indirect By Family Trust
Common Stock Disposition 2016-09-14 9,722 $33.00 23,760 No 4 S Indirect By Partnership
Common Stock Disposition 2016-09-15 25,089 $33.30 90,395 No 4 S Indirect By Family Trust
Common Stock Disposition 2016-09-15 17,700 $34.28 72,695 No 4 S Indirect By Family Trust
Common Stock Disposition 2016-09-15 8,499 $33.28 15,261 No 4 S Indirect By Partnership
Common Stock Disposition 2016-09-15 4,100 $34.35 11,161 No 4 S Indirect By Partnership
Common Stock Disposition 2016-09-15 11,111 $0.00 61,584 No 5 G Indirect By Family Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 5 G Indirect By Family Trust
No 5 G Indirect By Family Trust
No 4 S Indirect By Family Trust
No 4 S Indirect By Partnership
No 4 S Indirect By Family Trust
No 4 S Indirect By Family Trust
No 4 S Indirect By Partnership
No 4 S Indirect By Partnership
No 5 G Indirect By Family Trust
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 13,801 Direct
Common Stock 1,780,361 Indirect By Funds
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.00 to $33.04, 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 (1) to this Form 4.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.00 to $33.05, 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.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.00 to $33.99, 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 (3) to this Form 4.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.00 to $34.61, 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.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.01 to $33.99, 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 (5) to this Form 4.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.05 to $34.58, 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 (6) to this Form 4.
  7. The shares are held by the Haley-McGourty Family Trust U/D/T 9/27/96 (the "Family Trust"). The reporting person is a trustee of the Family Trust. The reporting person disclaims beneficial ownership of the shares held by the Family Trust except to the extent of his proportionate pecuniary interest therein.
  8. The shares are held by Haley-McGourty Partners (the "Partnership"). The reporting person is a general partner of the Partnership. The reporting person disclaims beneficial ownership of the shares held by the Partnership except to the extent of his proportionate pecuniary interest therein.
  9. The total consists of 1,713,598 shares held by Redpoint Ventures III, L.P. ("Redpoint Ventures") and 66,763 shares held by Redpoint Associates III, LLC ("Redpoint Associates," and together with Redpoint Ventures, the "Funds").
  10. The shares held by Redpoint Ventures are indirectly held by Redpoint Ventures III, LLC, the general partner of Redpoint Ventures. The reporting person is a manager of Redpoint Ventures III, LLC and a manager of Redpoint Associates. The reporting person disclaims beneficial ownership of the securities held by the Funds, except to the extent of his pecuniary interest therein.
  11. Includes shares received as pro-rata distributions from the Funds (as defined in Footnote 9).