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

Role
President and CEO, Director
Signature
/s/ Lana B. Persaud, Attorney-in-Fact
Issuer symbol
COUR
Transactions as of
10 Nov 2021
Net transactions value
-$1,594,500
Form type
4
Filing time
12 Nov 2021, 17:06:26 UTC
Previous filing
18 Oct 2021
Next filing
02 Dec 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 $128,000 +50,000 +15% $2.56* 383,757 10 Nov 2021 Direct F1
transaction COUR Common Stock Sale $1,722,500 -50,000 -13% $34.45 333,757 10 Nov 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 -50,000 -1.3% $0.000000 3,705,875 10 Nov 2021 Common Stock 50,000 $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.