Amanda Clark - May 22, 2024 Form 4 Insider Report for Coursera, Inc. (COUR)

Role
Director
Signature
/s/ Alan B. Cardenas, Attorney-in-Fact
Stock symbol
COUR
Transactions as of
May 22, 2024
Transactions value $
-$62,456
Form type
4
Date filed
5/24/2024, 06:23 PM
Previous filing
May 17, 2024
Next filing
Aug 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COUR Common Stock Award $0 +18.7K +28.42% $0.00 84.4K May 22, 2024 Direct F1
transaction COUR Common Stock Sale -$62.5K -8.09K -9.59% $7.72 76.3K May 24, 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 Represents restricted stock units (RSUs) automatically granted the day after the issuer's 2024 Annual Meeting of Stockholders. The RSUs will fully vest and convert into shares of the issuer's common stock on the earlier of May 22, 2025 and the issuer's 2025 annual meeting of stockholders, subject to continuous service with the issuer through the applicable vesting date.
F2 Transaction effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 13, 2023.
F3 Represents a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $7.67 to $7.89, 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.