Leah F. Belsky - 22 Jun 2022 Form 4 Insider Report for Coursera, Inc. (COUR)

Role
Senior Vice President and Chief Enterprise Officer
Signature
By: /s/ Lana B. Persaud, Attorney-in-Fact
Issuer symbol
COUR
Transactions as of
22 Jun 2022
Net transactions value
-$2,810,855
Form type
4
Filing time
24 Jun 2022, 18:40:27 UTC
Previous filing
17 May 2022
Next filing
17 Aug 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 $86,502 +38,790 +6.6% $2.23* 630,370 22 Jun 2022 Direct
transaction COUR Common Stock Options Exercise $228,123 +36,210 +5.7% $6.30 666,580 22 Jun 2022 Direct
transaction COUR Common Stock Sale $3,125,480 -200,000 -30% $15.63 466,580 22 Jun 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 -38,790 -70% $0.000000 16,667 22 Jun 2022 Common Stock 38,790 $2.23 Direct F3
transaction COUR Stock Option (right to buy) Options Exercise $0 -36,210 -35% $0.000000 67,417 22 Jun 2022 Common Stock 36,210 $6.30 Direct F4
* 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 25, 2021.
F2 Represents a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $15.41 to $15.98, 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 100,000 shares of common stock, with 25% of the total number of shares subject to the option vesting on August 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.
F4 Represents an initial option to purchase 150,000 shares of common stock, with 25% of the total number of shares subject to the option vesting on August 27, 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.

Remarks:

Senior Vice President and Chief Enterprise Officer