Stephanie Stapleton Sudbury - Dec 27, 2023 Form 4 Insider Report for Udemy, Inc. (UDMY)

Role
President, Udemy Business
Signature
/s/ Daniel Horwood, Attorney-in-Fact
Stock symbol
UDMY
Transactions as of
Dec 27, 2023
Transactions value $
$0
Form type
4
Date filed
12/29/2023, 04:03 PM
Previous filing
Dec 19, 2023
Next filing
Feb 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UDMY Common Stock Options Exercise $2.93K +938 +0.42% $3.12 222K Dec 27, 2023 Direct
transaction UDMY Common Stock Options Exercise $15.2K +4.88K +2.2% $3.12 227K Dec 27, 2023 Direct
transaction UDMY Common Stock Options Exercise $52.2K +7.94K +3.5% $6.58 235K Dec 27, 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
transaction UDMY Employee Stock Option (right to buy) Options Exercise -$2.93K -938 -100% $3.12 0 Dec 27, 2023 Common Stock 938 $3.12 Direct F1
transaction UDMY Employee Stock Option (right to buy) Options Exercise -$15.2K -4.88K -100% $3.12 0 Dec 27, 2023 Common Stock 4.88K $3.12 Direct F2
transaction UDMY Employee Stock Option (right to buy) Options Exercise -$52.2K -7.94K -31.76% $6.58 17.1K Dec 27, 2023 Common Stock 7.94K $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.