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

Role
President, CEO and Chairperson, Director
Signature
/s/ Sarah Tian, Attorney-in-Fact
Stock symbol
UDMY
Transactions as of
May 20, 2022
Transactions value $
$27,498
Form type
4
Date filed
5/24/2022, 05:07 PM
Previous filing
Nov 16, 2021
Next filing
Dec 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UDMY Common Stock Award $27.5K +2.6K +0.99% $10.56 266K 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.