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

Role
President and CEO, Director
Signature
/s/ Lana B. Persaud, Attorney-in-Fact
Stock symbol
COUR
Transactions as of
Nov 10, 2021
Transactions value $
-$1,594,500
Form type
4
Date filed
11/12/2021, 05:06 PM
Previous filing
Oct 18, 2021
Next filing
Dec 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COUR Common Stock Options Exercise $128K +50K +14.98% $2.56* 384K Nov 10, 2021 Direct F1
transaction COUR Common Stock Sale -$1.72M -50K -13.03% $34.45 334K Nov 10, 2021 Direct F2, F3

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 -50K -1.33% $0.00 3.71M Nov 10, 2021 Common Stock 50K $2.56 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 757 shares of common stock acquired under the Coursera, Inc. 2021 Employee Stock Purchase Plan on November 10, 2021.
F2 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.
F3 Represents a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $33.770 to $34.755, 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.
F4 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.