Jeffrey Lieberman - 02 Nov 2021 Form 4 Insider Report for Udemy, Inc. (UDMY)

Role
Director, 10%+ Owner
Signature
/s/ Jeffrey Lieberman
Issuer symbol
UDMY
Transactions as of
02 Nov 2021
Net transactions value
$0
Form type
4
Filing time
02 Nov 2021, 17:36:02 UTC
Previous filing
28 Oct 2021
Next filing
17 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UDMY Common Stock Conversion of derivative security +30,702,525 +271% 42,032,260 02 Nov 2021 See footnotes F1, F2, F3, F4, F5, F6, F7

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 UDMY Series A-1 Convertible Preferred Stock Conversion of derivative security -1,523,162 -100% 0 02 Nov 2021 Common Stock 1,523,162 See footnotes F1, F2, F3, F4
transaction UDMY Series B Convertible Preferred Stock Conversion of derivative security -20,511,673 -100% 0 02 Nov 2021 Common Stock 20,511,673 See footnotes F1, F2, F3, F5
transaction UDMY Series C Convertible Preferred Stock Conversion of derivative security -4,646,911 -100% 0 02 Nov 2021 Common Stock 4,646,911 See footnotes F1, F2, F3, F6
transaction UDMY Series D Convertible Preferred Stock Conversion of derivative security -4,020,779 -100% 0 02 Nov 2021 Common Stock 4,020,779 See footnotes F1, F2, F3, F7
* 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

Remarks:

Exhibit List ------------ Exhibit 99.1 - Explanation of Responses