Prasad Gune - Oct 28, 2021 Form 3 Insider Report for Udemy, Inc. (UDMY)

Role
SVP, Product
Signature
/s/ Ken Hirschman, by power of attorney
Stock symbol
UDMY
Transactions as of
Oct 28, 2021
Transactions value $
$0
Form type
3
Date filed
10/28/2021, 07:00 PM
Next filing
Nov 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding UDMY Common Stock 18.5K Oct 28, 2021 Direct

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
holding UDMY Employee Stock Option (right to buy) Oct 28, 2021 Common Stock 362K $3.12 Direct F1
holding UDMY Employee Stock Option (right to buy) Oct 28, 2021 Common Stock 100K $11.13 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One-fourth of the shares underlying the option vested on December 2, 2020 and 1/48th of the remaining shares vest monthly thereafter.
F2 The shares underlying this option vest in 48 equal monthly installments beginning on October 1, 2020.

Remarks:

Exhibit 24 - Power of Attorney