Andrew Y. Ng - Aug 21, 2024 Form 4 Insider Report for Coursera, Inc. (COUR)

Role
Director
Signature
/s/ Sylvia Lexington, Attorney-in-Fact
Stock symbol
COUR
Transactions as of
Aug 21, 2024
Transactions value $
-$42,068
Form type
4
Date filed
8/23/2024, 06:22 PM
Previous filing
Jul 19, 2024
Next filing
Sep 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COUR Common Stock Sale -$210K -25K -0.35% $8.40 7.2M Aug 21, 2024 Direct F1, F2
transaction COUR Common Stock Options Exercise $168K +100K +1.39% $1.68 7.3M Aug 21, 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 -100K -100% $0.00 0 Aug 21, 2024 Common Stock 100K $1.68 Direct F3, F4
* 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 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 $8.22 to $8.50, 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 This transaction represents a cash exercise of a stock option without a subsequent sale of the underlying shares of common stock.
F4 Represents shares subject to a stock option for 1,420,000 shares granted on September 30, 2014, which option shares were fully vested as of the transaction date.