Andrew Y. Ng - Jan 16, 2024 Form 4 Insider Report for Coursera, Inc. (COUR)

Role
Director
Signature
/s/ Lana B. Persaud, Attorney-in-Fact
Stock symbol
COUR
Transactions as of
Jan 16, 2024
Transactions value $
-$1,377,920
Form type
4
Date filed
1/18/2024, 06:27 PM
Previous filing
Dec 21, 2023
Next filing
Feb 22, 2024

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* 7.18M Jan 16, 2024 Direct
transaction COUR Common Stock Sale -$980K -50K -0.7% $19.59 7.13M Jan 16, 2024 Direct F1, F2
transaction COUR Common Stock Sale -$482K -25K -0.35% $19.29 7.11M Jan 17, 2024 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 -10% $0.00 450K Jan 16, 2024 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 $19.35 to $19.88, 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 $18.99 to $19.455, 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 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.