| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | UDMY | Common Stock | -Other | -3,452,000 | -50% | 3,451,905 | May 31, 2022 | See footnote | F1, F2 | ||
| transaction | UDMY | Common Stock | +Other | +255,883 | 255,883 | May 31, 2022 | Direct | F1, F3 |
| Id | Content |
|---|---|
| F1 | Represents a pro rata in-kind distribution of Common Stock of the Issuer by Stripes III, LP, or Stripes III, without consideration to its partners or members and includes subsequent distributions by its general partner or managing member to their respective partners or members. |
| F2 | The shares are held of record by Stripes III. Stripes GP III, LLC, or Stripes GP, the general partner of Stripes III, has sole voting and dispositive power over such shares and voting decisions with respect to such shares are made by Stripes Holdings, LLC, or Stripes Holdings, as the managing member of Stripes GP. The reporting person owns and controls Stripes Holdings but disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose. |
| F3 | Represents the receipt of shares of Common Stock of the Issuer by virtue of the pro rata in-kind distributions described in footnote (1) above as follows: (i) 196,837 shares from Stripes GP to the reporting person and (ii) 59,046 shares from Stripes Holdings to the reporting person. |