Andrew Y. Ng - May 16, 2023 Form 4 Insider Report for Coursera, Inc. (COUR)

Role: Director
Signature: /s/ Lana B. Persaud, Attorney-in-Fact
Stock symbol: COUR
Transactions as of: May 16, 2023
Transactions value $: -$785,588
Form type: 4
Date filed: 5/18/2023, 06:36 PM
Previous filing: Apr 20, 2023
Next filing: May 26, 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	$84K	+50K	+0.68%	$1.68^*	7.38M	May 16, 2023	Direct
transaction	COUR	Common Stock	Sale	-$580K	-50K	-0.68%	$11.61	7.33M	May 16, 2023	Direct	F1, F2
transaction	COUR	Common Stock	Sale	-$289K	-25K	-0.34%	$11.56	7.31M	May 17, 2023	Direct	F1, F3

Showing 1 to 3 of 3 entries

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	-50K	-5.56%	$0.00	850K	May 16, 2023	Common Stock	50K	$1.68	Direct	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 $11.465 to $11.94, 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 a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $11.22 to $11.71, 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.
F4	Represents an initial option to purchase 1,420,000 shares of common stock, which vests in 48 substantially equal monthly installments on each of monthly anniversary of April 21, 2014, subject to full-time employment, or 96 substantially equal monthly installments on each monthly anniversary of April 21, 2014, after transitioning to consultant or part-time employee status.