Gregory Scott Brown - May 15, 2022 Form 4 Insider Report for Udemy, Inc. (UDMY)

Role
President, Udemy Business
Signature
/s/ Sarah Tian, Attorney-in-Fact
Stock symbol
UDMY
Transactions as of
May 15, 2022
Transactions value $
$0
Form type
4
Date filed
5/17/2022, 07:50 PM
Previous filing
Nov 16, 2021
Next filing
May 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UDMY Common Stock Award $0 +175K +145% $0.00 296K May 15, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs") granted pursuant to the Issuer's 2021 Equity Incentive Plan. 1/12th of the RSUs will vest on August 15, 2022 and on each quarterly anniversary thereafter.
F2 Includes 120,689 restricted stock units ("RSUs") granted pursuant to the Issuer's 2021 Equity Incentive Plan on November 15, 2021. The vesting schedule of such RSUs has been amended so that 1/12th of the RSUs will vest quarterly beginning November 15, 2022.