Andrew Y. Ng - 16 Apr 2024 Form 4 Insider Report for Coursera, Inc. (COUR)

Role
Director
Signature
/s/ Lana B. Persaud, Attorney-in-Fact
Issuer symbol
COUR
Transactions as of
16 Apr 2024
Transactions value $
-$819,330
Form type
4
Filing time
18 Apr 2024, 18:04:35 UTC
Previous filing
12 Apr 2024
Next filing
23 May 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 $84K +50K +0.71% $1.68 7.11M 16 Apr 2024 Direct
transaction COUR Common Stock Sale -$604K -50K -0.7% $12.09 7.06M 16 Apr 2024 Direct F1, F2
transaction COUR Common Stock Sale -$299K -25K -0.35% $11.95 7.03M 17 Apr 2024 Direct F1, 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 -50K -14.29% $0.00 300K 16 Apr 2024 Common Stock 50K $1.68 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 24, 2023.
F2 Represents a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $11.975 to $12.31, 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 a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $11.82 to $12.18, 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.
F4 Represents an initial option to purchase 1,420,000 shares of common stock, which vests in 48 substantially equal monthly installments on each monthly anniversary of April 21, 2014, subject to full-time employment, or 96 substantially equal monthly installments on each monthly anniversary of April 21, 2014, after transitioning to consultant or part-time employee status.