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

Role
President, Udemy Business
Signature
/s/ Sarah Tian, Attorney-in-Fact
Issuer symbol
UDMY
Transactions as of
15 May 2022
Net transactions value
$0
Form type
4
Filing time
17 May 2022, 19:50:32 UTC
Previous filing
16 Nov 2021
Next filing
24 May 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 Award $0 +175,000 +145% $0.000000 295,689 15 May 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.