Shravan Goli - 16 Mar 2023 Form 4 Insider Report for Coursera, Inc. (COUR)

Signature
/s/ Lana B. Persaud, Attorney-in-Fact
Issuer symbol
COUR
Transactions as of
16 Mar 2023
Net transactions value
-$1,128,183
Form type
4
Filing time
20 Mar 2023, 17:59:56 UTC
Previous filing
17 Feb 2023
Next filing
17 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COUR Common Stock Options Exercise $174,890 +78,426 +7.3% $2.23* 1,156,478 16 Mar 2023 Direct
transaction COUR Common Stock Sale $920,682 -78,426 -6.8% $11.74 1,078,052 16 Mar 2023 Direct F1, F2
transaction COUR Common Stock Sale $382,391 -32,573 -3% $11.74 1,045,479 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 -78,426 -13% $0.000000 521,596 16 Mar 2023 Common Stock 78,426 $2.23 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 $11.33 to $11.89, 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.
F3 Represents an initial option to purchase 1,250,000 shares of common stock, with 25% of the total number of shares subject to the option vesting on April 18, 2019, 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.