Michele M. Meyers - May 15, 2023 Form 4 Insider Report for Coursera, Inc. (COUR)

Signature
/s/ Lana B. Persaud, Attorney-in-Fact
Stock symbol
COUR
Transactions as of
May 15, 2023
Transactions value $
-$104,018
Form type
4
Date filed
5/17/2023, 08:06 PM
Previous filing
Apr 24, 2023
Next filing
Jun 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COUR Common Stock Tax liability -$84.9K -7.04K -2.78% $12.07 246K May 15, 2023 Direct F1, F2
transaction COUR Common Stock Sale -$19.1K -1.65K -0.67% $11.60 245K May 15, 2023 Direct 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 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 May 15, 2023.
F2 Includes 1,634 shares of common stock acquired under the Coursera, Inc. 2021 Employee Stock Purchase Plan on May 10, 2023.
F3 Transaction effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 24, 2023.