Richard Qiu - Mar 15, 2024 Form 4 Insider Report for Udemy, Inc. (UDMY)

Role
President, New Ventures
Signature
/s/ Daniel Horwood, Attorney-in-Fact
Stock symbol
UDMY
Transactions as of
Mar 15, 2024
Transactions value $
-$42,519
Form type
4
Date filed
3/19/2024, 05:13 PM
Previous filing
Feb 23, 2024
Next filing
May 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UDMY Common Stock Tax liability -$42.5K -3.88K -0.71% $10.95 546K Mar 15, 2024 Direct F1
transaction UDMY Common Stock Award $0 +33.9K +6.21% $0.00 580K Mar 15, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to satisfy certain tax obligations incurred with respect to the vesting and settlement of Restricted Stock Units or Performance Stock Units
F2 Represents restricted stock units ("RSUs") granted pursuant to the Issuer's 2021 Equity Incentive Plan. 1/12th of the RSUs will vest on June 15, 2024 and on each quarterly anniversary thereafter, subject to the reporting person's continuous service with the issuer.