Sarah Blanchard - Dec 14, 2022 Form 4 Insider Report for Udemy, Inc. (UDMY)

Role
Chief Financial Officer
Signature
/s/ Sarah Tian, Attorney-in-Fact
Stock symbol
UDMY
Transactions as of
Dec 14, 2022
Transactions value $
-$2,463,724
Form type
4
Date filed
12/15/2022, 01:59 PM
Previous filing
Aug 18, 2022
Next filing
Dec 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UDMY Common Stock Sale -$2.46M -203K -15.69% $12.13 1.09M Dec 14, 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 sales reported on this Form 4 were effected to satisfy certain tax obligations of the Reporting Person incurred with the vesting and settlement of Restricted Stock Units ("RSUs").
F2 These transactions were executed in multiple trades at prices ranging from $11.87 to $12.35. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.