Michele M. Meyers - Mar 18, 2024 Form 4 Insider Report for Coursera, Inc. (COUR)

Signature
/s/ Lana B. Persaud, Attorney-in-Fact
Stock symbol
COUR
Transactions as of
Mar 18, 2024
Transactions value $
-$41,545
Form type
4
Date filed
3/20/2024, 08:00 PM
Previous filing
Feb 20, 2024
Next filing
Apr 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COUR Common Stock Award $0 +39.9K +19.34% $0.00 246K Mar 18, 2024 Direct F1
transaction COUR Common Stock Sale -$41.5K -2.88K -1.17% $14.43 243K Mar 20, 2024 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares issuable upon settlement of a restricted stock unit ("RSU") award, with the RSUs subject to the award vesting in sixteen substantially equal quarterly installments beginning May 15, 2024, subject to the reporting person's continued service with the issuer through the applicable vesting dates.
F2 Transaction effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 28, 2023.
F3 Represents a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $14.19 to $14.63, 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.