Lawrence Charles Illg - Jun 16, 2022 Form 4 Insider Report for Udemy, Inc. (UDMY)

Role: Director
Signature: /s/ Sarah Tian, Attorney-in-Fact
Stock symbol: UDMY
Transactions as of: Jun 16, 2022
Transactions value $: $0
Form type: 4
Date filed: 6/17/2022, 04:13 PM
Previous filing: Dec 30, 2021
Next filing: Jun 24, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UDMY	Common Stock	Award	$0	+15.5K		$0.00	15.5K	Jun 16, 2022	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the grant of Restricted Stock Units (RSUs) for Board and Committee service under the Udemy, Inc. Outside Director Compensation Policy. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The RSUs will fully vest on the earlier of (i) the date of the next annual meeting of stockholders of the Issuer following June 16, 2022 or (ii) June 16, 2023.

Content

Represents the grant of Restricted Stock Units (RSUs) for Board and Committee service under the Udemy, Inc. Outside Director Compensation Policy. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The RSUs will fully vest on the earlier of (i) the date of the next annual meeting of stockholders of the Issuer following June 16, 2022 or (ii) June 16, 2023.