Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | UDMY | Common Stock | Tax liability | -$104K | -10.6K | -2.37% | $9.82 | 437K | May 15, 2024 | Direct | F1 |
transaction | UDMY | Common Stock | Sale | -$70.1K | -7.09K | -1.62% | $9.89 | 430K | May 17, 2024 | Direct | F2 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
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 | These transactions were executed in multiple trades at prices ranging from $9.83 to $9.94. 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. |