Andrew Y. Ng - 19 Dec 2023 Form 4 Insider Report for Coursera, Inc. (COUR)

Role
Director
Signature
/s/ Lana B. Persaud, Attorney-in-Fact
Issuer symbol
COUR
Transactions as of
19 Dec 2023
Transactions value $
-$1,693,360
Form type
4
Filing time
21 Dec 2023, 17:28:11 UTC
Previous filing
16 Nov 2023
Next filing
18 Jan 2024
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 +0.7% $1.68* 7.22M 19 Dec 2023 Direct
transaction COUR Common Stock Sale -$1.01M -50K -0.69% $20.18 7.17M 19 Dec 2023 Direct F1, F2
transaction COUR Common Stock Sale -$768K -38.3K -0.53% $20.06 7.13M 20 Dec 2023 Direct F1, 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 -50K -9.09% $0.00 500K 19 Dec 2023 Common Stock 50K $1.68 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 24, 2023.
F2 Represents a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $20.02 to $20.265, 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 $19.69 to $20.28, 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.