Sarah Blanchard - May 20, 2022 Form 4 Insider Report for Udemy, Inc. (UDMY)

Role
Chief Financial Officer
Signature
/s/ Sarah Tian, Attorney-in-Fact
Stock symbol
UDMY
Transactions as of
May 20, 2022
Transactions value $
$26,242
Form type
4
Date filed
5/24/2022, 04:59 PM
Previous filing
May 17, 2022
Next filing
Aug 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UDMY Common Stock Award $26.2K +2.49K +0.84% $10.56 298K May 20, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The acquisition of shares of the issuer's common stock pursuant to the Udemy, Inc. 2021 Employee Stock Purchase Plan (the "ESPP"), for the ESPP purchase period of October 29, 2021 through May 20, 2022. This transaction is also exempt pursuant to Rule 16b-3(c).
F2 In accordance with the ESPP, these shares were purchased based on 85% of the closing price of the Issuer's common stock on May 20, 2022.