Stephanie Stapleton Sudbury - Mar 1, 2023 Form 3 Insider Report for Udemy, Inc. (UDMY)

Role
President, Udemy Business
Signature
/s/ Sarah Tian, Attorney-in-Fact
Stock symbol
UDMY
Transactions as of
Mar 1, 2023
Transactions value $
$0
Form type
3
Date filed
3/7/2023, 05:39 PM
Next filing
Mar 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding UDMY Common Stock 108K Mar 1, 2023 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
holding UDMY Employee Stock Option (right to buy) Mar 1, 2023 Common Stock 938 $3.12 Direct F1
holding UDMY Employee Stock Option (right to buy) Mar 1, 2023 Common Stock 4.88K $3.12 Direct F2
holding UDMY Employee Stock Option (right to buy) Mar 1, 2023 Common Stock 25K $6.58 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares underlying this option vest in 48 equal monthly installments beginning on March 1, 2019.
F2 The shares underlying this option vest in 48 equal monthly installments beginning on September 1, 2019.
F3 The shares underlying this option vest in 48 equal monthly installments beginning on April 1, 2020.