Chun Yu Wong - 03 Mar 2022 Form 4 Insider Report for Coursera, Inc. (COUR)

Role
Senior Vice President of Engineering
Signature
By: /s/ Lana B. Persaud, Attorney-in-Fact
Issuer symbol
COUR
Transactions as of
03 Mar 2022
Net transactions value
+$430,639
Form type
4
Filing time
07 Mar 2022, 16:08:49 UTC
Previous filing
17 Feb 2022
Next filing
17 May 2022
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 $35,408 +15,878 +3% $2.23* 537,325 03 Mar 2022 Direct
transaction COUR Common Stock Options Exercise $20,906 +9,375 +1.7% $2.23* 546,700 03 Mar 2022 Direct
transaction COUR Common Stock Options Exercise $315,000 +50,000 +9.1% $6.30 596,700 04 Mar 2022 Direct
transaction COUR Common Stock Options Exercise $59,325 +7,500 +1.3% $7.91 604,200 04 Mar 2022 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
transaction COUR Stock Option (right to buy) Options Exercise $0 -15,878 -36% $0.000000 28,523 03 Mar 2022 Common Stock 15,878 $2.23 Direct F1
transaction COUR Stock Option (right to buy) Options Exercise $0 -9,375 -15% $0.000000 52,125 03 Mar 2022 Common Stock 9,375 $2.23 Direct F2
transaction COUR Stock Option (right to buy) Options Exercise $0 -50,000 -57% $0.000000 37,500 04 Mar 2022 Common Stock 50,000 $6.30 Direct F3
transaction COUR Stock Option (right to buy) Options Exercise $0 -7,500 -9.1% $0.000000 75,000 04 Mar 2022 Common Stock 7,500 $7.91 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an initial option to purchase 250,000 shares of common stock, with 25% of the shares subject to the option vesting on April 1, 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.
F2 Represents an initial option to purchase 150,000 shares of common stock, with 25% of the shares subject to the option vesting on April 1, 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.
F3 Represents an initial option to purchase 100,000 shares of common stock, with 25% of the shares subject to the option vesting on August 1, 2020, 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.
F4 Represents an initial option to purchase 120,000 shares of common stock, with 25% of the shares subject to the option vesting on August 15, 2021, 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 of Engineering