| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | UDMY | Common Stock | Award | +1 M | +335.37% | 1.3 M | Aug 6, 2022 | Direct | F1, F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | UDMY | Employee Stock Option (right to buy) | Disposed to Issuer | -1 M | -100% | 0 | Aug 6, 2022 | Common Stock | 1 M | $11.77 | Direct | F2, F3 |
| Id | Content |
|---|---|
| F1 | Represents restricted stock units ("RSUs") granted pursuant to the Issuer's 2021 Equity Incentive Plan. 458,333 of the RSUs will vest on Nov 15, 2022; 62,500 RSUs will vest each quarter in 2023 and 72,917 will vest each quarter in 2024. |
| F2 | On August 6, 2022, pursuant to the issuer's equity exchange program (announced July 11, 2022), the issuer canceled an option for 1,000,000 shares of the issuer's common stock granted to the reporting person on February 24, 2021. Pursuant to the equity exchange program, the reporting person received restricted stock units covering 1,000,000 shares of the issuer's common stock. |
| F3 | One-fourth of the shares underlying the option vest on February 8, 2022 and 1/48th of the remaining shares vest monthly thereafter. |