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

Role
SVP, Product
Signature
/s/ Sarah Tian, Attorney-in-Fact
Issuer symbol
UDMY
Transactions as of
20 May 2022
Net transactions value
+$17,002
Form type
4
Filing time
24 May 2022, 17:02:02 UTC
Previous filing
17 May 2022
Next filing
18 Aug 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 $17,002 +1,610 +0.89% $10.56 181,868 20 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 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.