Shravan Goli - 15 Nov 2021 Form 4 Insider Report for Coursera, Inc. (COUR)

Role
Senior Vice President, Chief Product Officer and Head of Consumer Revenue
Signature
By: /s/ Lana B. Persaud, Attorney-in-Fact
Issuer symbol
COUR
Transactions as of
15 Nov 2021
Net transactions value
-$616,759
Form type
4
Filing time
17 Nov 2021, 17:58:22 UTC
Previous filing
20 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 $37,910 +17,000 +7.3% $2.23* 249,910 15 Nov 2021 Direct F1
transaction COUR Common Stock Sale $313,299 -8,709 -3.5% $35.97 241,201 15 Nov 2021 Direct F2, F3
transaction COUR Common Stock Sale $295,556 -8,291 -3.4% $35.65 232,910 15 Nov 2021 Direct F2, F4
transaction COUR Common Stock Sale $45,814 -1,260 -0.54% $36.36 231,650 17 Nov 2021 Direct 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 -17,000 -2.2% $0.000000 770,022 15 Nov 2021 Common Stock 17,000 $2.23 Direct F5
* 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 26, 2021.
F3 Represents a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $34.34 to $35.33, 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 a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $35.34 to $35.88, 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.
F5 Represents an initial option to purchase 1,205,157 shares of common stock, with 25% of the total number of shares subject to the option vesting on April 18, 2019, 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.

Remarks:

Senior Vice President, Chief Product Officer and Head of Consumer Revenue