Kenneth R. Hahn - 14 Feb 2024 Form 4 Insider Report for Coursera, Inc. (COUR)

Role
SVP, Chief Financial Officer
Signature
/s/ Lana B. Persaud, Attorney-in-Fact
Issuer symbol
COUR
Transactions as of
14 Feb 2024
Net transactions value
-$818,236
Form type
4
Filing time
16 Feb 2024, 17:34:19 UTC
Previous filing
25 Jan 2024
Next filing
20 Mar 2024
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 $30,300 +5,000 +0.9% $6.06 557,715 14 Feb 2024 Direct
transaction COUR Common Stock Sale $425,245 -25,000 -4.5% $17.01 532,715 14 Feb 2024 Direct F1, F2
transaction COUR Common Stock Tax liability $423,291 -24,841 -4.7% $17.04 507,874 15 Feb 2024 Direct 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 -5,000 -0.59% $0.000000 835,426 14 Feb 2024 Common Stock 5,000 $6.06 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Transaction effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 14, 2023.
F2 Represents a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $16.84 to $17.20, inclusive. The 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 the number of shares of common stock withheld by the issuer to cover the reporting person's tax liability associated with the vesting of shares underlying certain restricted stock units on February 15, 2024.
F4 Represents an initial option to purchase 1,250,000 shares of common stock, with 25% of the total number of shares subject to the option vesting on May 18, 2021, and 75% of the shares subject to the option vesting in 36 substantially equal monthly installments thereafter, subject to the reporting person's continued service with the issuer through the applicable vesting dates.