Jeffrey Nacey Maggioncalda - 10 Sep 2021 Form 4 Insider Report for Coursera, Inc. (COUR)

Signature
By: /s/ Lana B. Persaud, Attorney-in-Fact
Issuer symbol
COUR
Transactions as of
10 Sep 2021
Net transactions value
-$1,755,980
Form type
4
Filing time
14 Sep 2021, 17:41:48 UTC
Previous filing
12 Aug 2021
Next filing
18 Oct 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COUR Common Stock Options Exercise $128,000 +50,000 +15% $2.56* 383,000 10 Sep 2021 Direct
transaction COUR Common Stock Sale $1,883,980 -50,000 -13% $37.68 333,000 10 Sep 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 -50,000 -1.3% $0.000000 3,805,875 10 Sep 2021 Common Stock 50,000 $2.56 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 18, 2021.
F2 Represents a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $37.28 to $37.98, 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 5,552,808 shares of common stock, with 25% of the total number of shares subject to the option vesting on June 12, 2018, 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.