Jeffrey Nacey Maggioncalda - 03 Mar 2022 Form 4 Insider Report for Coursera, Inc. (COUR)

Role
President & CEO, Director
Signature
/s/ Lana B. Persaud, Attorney-in-Fact
Issuer symbol
COUR
Transactions as of
03 Mar 2022
Net transactions value
-$1,297,158
Form type
4
Filing time
17 Nov 2022, 17:57:13 UTC
Previous filing
02 Dec 2021
Next filing
25 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COUR Common Stock Tax liability $1,297,158 -92,588 -3.1% $14.01 2,927,653 15 Nov 2022 Direct F1

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) Gift $0 -1,571,491 -42% $0.000000 2,134,384 03 Mar 2022 Common Stock 1,571,491 $2.56 Direct F2, F3
transaction COUR Stock Option (right to buy) Gift $0 +1,571,491 $0.000000 1,571,491 03 Mar 2022 Common Stock 1,571,491 $2.56 By Spouse F2, F3, F4
transaction COUR Stock Option (right to buy) Gift $0 -272,727 -13% $0.000000 1,861,657 11 Aug 2022 Common Stock 272,727 $2.56 Direct F3, F5
transaction COUR Stock Option (right to buy) Gift $0 +272,727 $0.000000 272,727 11 Aug 2022 Common Stock 272,727 $2.56 By Trust F3, F5, F6
transaction COUR Stock Option (right to buy) Gift $0 -181,818 -12% $0.000000 1,389,673 11 Aug 2022 Common Stock 181,818 $2.56 By Spouse F3, F4, F7
transaction COUR Stock Option (right to buy) Gift $0 +181,818 $0.000000 181,818 11 Aug 2022 Common Stock 181,818 $2.56 By Trust F3, F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 November 15, 2022.
F2 Represents a transfer of options from the reporting person to the reporting person's spouse.
F3 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 equal monthly installments thereafter, subject to the reporting person's continued service with the Issuer through the applicable vesting dates.
F4 These options are held by the reporting person's spouse. The reporting person may be deemed to have beneficial ownership of these securities.
F5 Represents a transfer of options from the reporting person to the Maggioncalda Family Trust of 2022, for which the reporting person's spouse and child serve as trustees.
F6 These options are held by the Maggioncalda Family Trust of 2022, for which the reporting person's spouse and child serve as trustees. The reporting person may be deemed to have beneficial ownership of these securities.
F7 Represents a transfer of options from the reporting person's spouse to the Jeffrey N. Maggioncalda Trust of 2022, for which the reporting person serves as a trustee.
F8 These options are held by the Jeffrey N. Maggioncalda Trust of 2022, for which the reporting person serves as a trustee. The reporting person may be deemed to have beneficial ownership of these securities.