Betty M. Vandenbosch - 30 Aug 2021 Form 4 Insider Report for Coursera, Inc. (COUR)

Role
Senior Vice President and Chief Content Officer
Signature
By:/s/ Lana B. Persaud, Attorney-in-Fact
Issuer symbol
COUR
Transactions as of
30 Aug 2021
Net transactions value
-$267,177
Form type
4
Filing time
01 Sep 2021, 18:36:46 UTC
Previous filing
17 Aug 2021
Next filing
01 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COUR Common Stock Options Exercise $50,504 +8,334 +5.9% $6.06 148,916 30 Aug 2021 Direct
transaction COUR Common Stock Sale $317,681 -8,334 -5.6% $38.12 140,582 30 Aug 2021 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction COUR Stock Option (right to buy) Options Exercise $0 -8,334 -2.2% $0.000000 375,000 30 Aug 2021 Common Stock 8,334 $6.06 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 17, 2021.
F2 Represents a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $37.92 to $38.50, inclusive. Reporting person undertakes to provide upon request by the Securities and Exchange Commission, the issuer or a securityholder of the issuer detailed information regarding the price and number of shares sold within the range indicated.
F3 Represents an initial option to purchase 400,000 shares of common stock, with 25% of the shares subject to the option vesting on April 13, 2021, and 75% of the shares subject to the option vesting in 36 equal monthly installments thereafter, subject to the reporting person's continued service with the Issuer through the applicable vesting dates (the "Option"). The reporting person's previously filed Form 3 and Form 4s reported that the initial vesting date of the Option was May 18, 2021. In fact, as reported in this Form 4, the initial vesting date of the Option was April 13, 2021.

Remarks:

Senior Vice President and Chief Content Officer