Prasad Gune - Oct 28, 2022 Form 4 Insider Report for Udemy, Inc. (UDMY)

Signature
/s/ Sarah Tian, Attorney-in-Fact
Stock symbol
UDMY
Transactions as of
Oct 28, 2022
Transactions value $
$0
Form type
4
Date filed
11/1/2022, 05:25 PM
Previous filing
Aug 18, 2022
Next filing
Nov 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UDMY Common Stock Options Exercise $68K +21.8K +7.83% $3.12 300K Oct 28, 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

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) Options Exercise -$68K -21.8K -6.1% $3.12 336K Oct 28, 2022 Common Stock 21.8K $3.12 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One-fourth of the shares underlying the option vested on December 2, 2020 and 1/48th of the remaining shares vest monthly thereafter.