Insight Holdings Group, LLC - 28 Oct 2021 Form 3 Insider Report for Udemy, Inc. (UDMY)

Role
10%+ Owner
Signature
Insight Holdings Group, LLC; By /s/ Andrew Prodromos, Attorney-in-Fact
Issuer symbol
UDMY
Transactions as of
28 Oct 2021
Net transactions value
$0
Form type
3
Filing time
28 Oct 2021, 19:15:00 UTC
Previous filing
23 Sep 2021
Next filing
02 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding UDMY Common Stock 2,924,778 28 Oct 2021 See footnote F1
holding UDMY Common Stock 420,245 28 Oct 2021 See footnote F2
holding UDMY Common Stock 153,776 28 Oct 2021 See footnote F3
holding UDMY Common Stock 6,643,886 28 Oct 2021 See footnote F4

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
holding UDMY Series A-1 Convertible Preferred Stock 28 Oct 2021 Common Stock 439,224 See footnote F1, F5
holding UDMY Series A-1 Convertible Preferred Stock 28 Oct 2021 Common Stock 63,110 See footnote F2, F5
holding UDMY Series A-1 Convertible Preferred Stock 28 Oct 2021 Common Stock 23,093 See footnote F3, F5
holding UDMY Series A-1 Convertible Preferred Stock 28 Oct 2021 Common Stock 997,735 See footnote F4, F5
holding UDMY Series B Convertible Preferred Stock 28 Oct 2021 Common Stock 5,914,814 See footnote F1, F6
holding UDMY Series B Convertible Preferred Stock 28 Oct 2021 Common Stock 849,866 See footnote F2, F6
holding UDMY Series B Convertible Preferred Stock 28 Oct 2021 Common Stock 310,985 See footnote F3, F6
holding UDMY Series B Convertible Preferred Stock 28 Oct 2021 Common Stock 13,436,008 See footnote F4, F6
holding UDMY Series C Convertible Preferred Stock 28 Oct 2021 Common Stock 1,339,998 See footnote F1, F7
holding UDMY Series C Convertible Preferred Stock 28 Oct 2021 Common Stock 192,536 See footnote F2, F7
holding UDMY Series C Convertible Preferred Stock 28 Oct 2021 Common Stock 70,454 See footnote F3, F7
holding UDMY Series C Convertible Preferred Stock 28 Oct 2021 Common Stock 3,043,923 See footnote F4, F7
holding UDMY Series D Convertible Preferred Stock 28 Oct 2021 Common Stock 1,159,445 See footnote F1, F8
holding UDMY Series D Convertible Preferred Stock 28 Oct 2021 Common Stock 166,594 See footnote F2, F8
holding UDMY Series D Convertible Preferred Stock 28 Oct 2021 Common Stock 60,961 See footnote F3, F8
holding UDMY Series D Convertible Preferred Stock 28 Oct 2021 Common Stock 2,633,779 See footnote F4, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 See Exhibit 99.1
F2 See Exhibit 99.1
F3 See Exhibit 99.1
F4 See Exhibit 99.1
F5 See Exhibit 99.1
F6 See Exhibit 99.1
F7 See Exhibit 99.1
F8 See Exhibit 99.1

Remarks:

This Form 3 is the first of two Forms 3 filed relating to the same event. The Form 3 has been split into two filings because there are more than 10 reporting persons in total, and the SEC's EDGAR filing system limits a single Form 3 to a maximum of 10 reporting persons. Each Form 3 is filed by Designated Filer, Insight Holdings Group, LLC. Exhibit List ------------ Exhibit 99.1 - Explanation of Responses Exhibit 99.2 - Joint Filers' Signatures Exhibit 99.3 - Joint Filer Information