0001415889-24-005363.txt : 20240226
0001415889-24-005363.hdr.sgml : 20240226
20240226213807
ACCESSION NUMBER: 0001415889-24-005363
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240222
FILED AS OF DATE: 20240226
DATE AS OF CHANGE: 20240226
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Norden Matthew J.
CENTRAL INDEX KEY: 0001775072
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36376
FILM NUMBER: 24681681
MAIL ADDRESS:
STREET 1: C/O 2U, INC.
STREET 2: 7900 HARKINS ROAD
CITY: LANHAM
STATE: MD
ZIP: 20706
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: 2U, Inc.
CENTRAL INDEX KEY: 0001459417
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
ORGANIZATION NAME: 06 Technology
IRS NUMBER: 262335939
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 7900 HARKINS ROAD
CITY: LANHAM
STATE: MD
ZIP: 20706
BUSINESS PHONE: (301) 892-4350
MAIL ADDRESS:
STREET 1: 7900 HARKINS ROAD
CITY: LANHAM
STATE: MD
ZIP: 20706
FORMER COMPANY:
FORMER CONFORMED NAME: 2tor, Inc.
DATE OF NAME CHANGE: 20090324
4
1
form4-02272024_020230.xml
X0508
4
2024-02-22
0001459417
2U, Inc.
TWOU
0001775072
Norden Matthew J.
C/O 2U, INC.
7900 HARKINS ROAD
LANHAM
MD
20706
false
true
false
false
CHIEF FINANCIAL OFFICER
0
Common Stock
2024-02-22
4
A
0
4847
0
A
471989
D
Common Stock
2024-02-26
4
F
0
3391
0.40
D
468598
D
The security represents 1,016 shares and 3,831 restricted stock units granted to the reporting person in connection with the certification of performance metrics of performance-based restricted stock units previously granted to the reporting person. Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer.
The reporting person was granted performance-based restricted stock units on March 2, 2021, and March 10, 2022, which vest in the form of common stock based on metrics previously set by the Compensation Committee of issuer's Board as measured over three one-year performance periods (the "2021 Award" and "2022 Award", respectively) commencing on January 1 of 2021, 2022 and 2023 for the 2021 Award, and on January 1 of 2022, 2023 and 2024 for the 2022 Award. On February 22, 2024, the Compensation Committee determined the achievement percentage attained for the third performance period of the 2021 Award and the second performance period of the 2022 Award, which resulted in the acquisition of these shares or restricted stock units, as applicable. The restricted stock units will fully vest at the end of all performance periods, subject to the reporting person's continued service with issuer through such date.
/s/ Matthew J. Norden
2024-02-26