Jeffrey Nacey Maggioncalda - Feb 15, 2024 Form 4 Insider Report for Coursera, Inc. (COUR)

Role
President & CEO, Director
Signature
/s/ Lana B. Persaud, Attorney-in-Fact
Stock symbol
COUR
Transactions as of
Feb 15, 2024
Transactions value $
-$2,437,861
Form type
4
Date filed
2/20/2024, 06:51 PM
Previous filing
Feb 5, 2024
Next filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COUR Common Stock Options Exercise $57.8K +22.6K +0.89% $2.56 2.57M Feb 15, 2024 Direct
transaction COUR Common Stock Sale -$842K -50K -1.94% $16.85 2.52M Feb 15, 2024 Direct F1, F2
transaction COUR Common Stock Tax liability -$1.65M -97K -3.84% $17.04 2.43M Feb 15, 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 -22.6K -11.2% $0.00 179K Feb 15, 2024 Common Stock 22.6K $2.56 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 16, 2023.
F2 Represents a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $16.55 to $17.03, 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 5,552,808 shares of common stock, with 25% of the total number of shares subject to the option vesting on June 12, 2018, 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.