Jeffrey Nacey Maggioncalda - 15 Nov 2023 Form 4 Insider Report for Coursera, Inc. (COUR)

Role
President & CEO, Director
Signature
/s/ Lana B. Persaud, Attorney-in-Fact
Issuer symbol
COUR
Transactions as of
15 Nov 2023
Net transactions value
-$2,035,883
Form type
4
Filing time
17 Nov 2023, 18:32:47 UTC
Previous filing
13 Nov 2023
Next filing
28 Nov 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 $25,603 +10,001 +0.38% $2.56 2,656,855 15 Nov 2023 Direct
transaction COUR Common Stock Sale $200,026 -10,001 -0.38% $20.00 2,646,854 15 Nov 2023 Direct F1, F2
transaction COUR Common Stock Tax liability $1,861,460 -94,924 -3.6% $19.61 2,551,930 15 Nov 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 -10,001 -1% $0.000000 951,656 15 Nov 2023 Common Stock 10,001 $2.56 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 16, 2023.
F2 Represents a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $20.00 to $20.01, 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 5,552,808 shares of common stock, with 25% of the total number of shares subject to the option vesting on June 12, 2018, 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.