Kenneth R. Hahn - Aug 14, 2023 Form 4 Insider Report for Coursera, Inc. (COUR)

Role
SVP, Chief Financial Officer
Signature
/s/ Lana B. Persaud, Attorney-in-Fact
Stock symbol
COUR
Transactions as of
Aug 14, 2023
Transactions value $
-$694,052
Form type
4
Date filed
8/16/2023, 04:58 PM
Previous filing
Aug 1, 2023
Next filing
Aug 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COUR Common Stock Sale -$157K -10K -1.54% $15.72 641K Aug 14, 2023 Direct F1, F2
transaction COUR Common Stock Sale -$157K -10K -1.56% $15.72 631K Aug 14, 2023 Direct F1, F3
transaction COUR Common Stock Tax liability -$380K -24.3K -3.85% $15.61 607K Aug 15, 2023 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 14, 2023.
F2 Represents a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $15.47 to $15.81, 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 $15.45 to $15.81, 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 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 August 15, 2023.