Kenneth R. Hahn - Nov 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
Nov 14, 2023
Transactions value $
-$936,331
Form type
4
Date filed
11/16/2023, 06:16 PM
Previous filing
Oct 27, 2023
Next filing
Dec 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COUR Common Stock Options Exercise $30.3K +5K +0.84% $6.06 602K Nov 14, 2023 Direct
transaction COUR Common Stock Sale -$490K -25K -4.15% $19.59 577K Nov 14, 2023 Direct F1, F2
transaction COUR Common Stock Tax liability -$477K -24.3K -4.21% $19.61 553K Nov 15, 2023 Direct F3

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 -5K -0.55% $0.00 908K Nov 14, 2023 Common Stock 5K $6.06 Direct F4
* 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 $19.40 to $19.855, 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 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 November 15, 2023.
F4 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 May 18, 2021, and 75% of the shares subject to the option vesting in 36 substantially equal monthly installments thereafter, subject to the reporting person's continued service with the Issuer through the applicable vesting dates.