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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Series A Preferred Stock | (2) | 04/02/2014 | C | 4,728,505 | (2) | (2) | Common Stock | 4,728,505 | $ 0 | 0 | I | By funds (4) (5) | |||
Series B Preferred Stock | (2) | 04/02/2014 | C | 1,185,498 | (2) | (2) | Common Stock | 1,185,498 | $ 0 | 0 | I | By funds (4) (6) | |||
Series C Preferred Stock | (2) | 04/02/2014 | C | 681,075 | (2) | (2) | Common Stock | 681,075 | $ 0 | 0 | I | By funds (4) (7) | |||
Series D Preferred Stock | (2) | 04/02/2014 | C | 639,828 | (2) | (2) | Common Stock | 639,828 | $ 0 | 0 | I | By funds (4) (8) |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
HALEY TIMOTHY M C/O 2U, INC. 8201 CORPORATE DRIVE, SUITE 900 LANDOVER, MD 20785 |
X | X |
/s/ Brian F. Leaf, attorney-in-fact | 04/02/2014 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The total represents shares received upon conversion of shares of Series A, Series B, Series C and Series D convertible preferred stock. |
(2) | Effective upon the closing of the issuer's initial public offering of its common stock, each share of convertible preferred stock automatically converted into one share of common stock. The convertible preferred stock had no expiration date. |
(3) | The total consists of 6,963,598 shares held by Redpoint Ventures III, L.P. ("Redpoint Ventures") and 271,308 shares held by Redpoint Associates III, LLC ("Redpoint Associates," and together with Redpoint Ventures, the "Funds"). |
(4) | 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. |
(5) | Consisted of 4,551,186 shares held by Redpoint Ventures and 177,319 shares held by Redpoint Associates. |
(6) | Consisted of 1,141,042 shares held by Redpoint Ventures and 44,456 shares held by Redpoint Associates. |
(7) | Consisted of 655,535 shares held by Redpoint Ventures and 25,540 shares held by Redpoint Associates. |
(8) | Consisted of 615,835 shares held by Redpoint Ventures and 23,993 shares held by Redpoint Associates. |