Shravan Goli - 08 Apr 2022 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
08 Apr 2022
Net transactions value
-$1,913,360
Form type
4
Filing time
12 Apr 2022, 16:25:56 UTC
Previous filing
17 Feb 2022
Next filing
04 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 $223,000 +100,000 +39% $2.23* 359,533 08 Apr 2022 Direct
transaction COUR Common Stock Sale $2,136,360 -100,000 -28% $21.36 259,533 08 Apr 2022 Direct F1, 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 -100,000 -13% $0.000000 670,022 08 Apr 2022 Common Stock 100,000 $2.23 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Represents a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $21.00 to $21.58, 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.
F3 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