Leah F. Belsky - 16 Mar 2023 Form 4 Insider Report for Coursera, Inc. (COUR)

Role
Chief Revenue Officer
Signature
/s/ Lana B. Persaud, Attorney-in-Fact
Issuer symbol
COUR
Transactions as of
16 Mar 2023
Net transactions value
-$501,149
Form type
4
Filing time
20 Mar 2023, 17:54:26 UTC
Previous filing
17 Feb 2023
Next filing
19 Apr 2023
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 $85,697 +10,834 +0.84% $7.91 1,295,991 16 Mar 2023 Direct
transaction COUR Common Stock Sale $127,280 -10,834 -0.84% $11.75 1,285,157 16 Mar 2023 Direct F1, F2
transaction COUR Common Stock Sale $459,566 -39,118 -3% $11.75 1,246,039 16 Mar 2023 Direct F1, F2

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 -10,834 -6.8% $0.000000 148,166 16 Mar 2023 Common Stock 10,834 $7.91 Direct F3
* 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 14, 2023.
F2 Represents a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $11.37 to $11.88, 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 an initial option to purchase 150,000 shares of common stock, with 25% of the total number of shares of common stock subject to the option vesting on August 15, 2021, and 75% of the total number of shares of common stock subject to the option vesting in 36 equal monthly installments thereafter, subject to the reporting person's continued service with the Issuer through such vesting date.