Richard Qiu - May 20, 2024 Form 4 Insider Report for Udemy, Inc. (UDMY)

Signature
/s/ Daniel Horwood, Attorney-in-Fact
Stock symbol
UDMY
Transactions as of
May 20, 2024
Transactions value $
$21,244
Form type
4
Date filed
5/22/2024, 06:21 PM
Previous filing
May 17, 2024
Next filing
Jun 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UDMY Common Stock Award $21.2K +2.61K +0.46% $8.13 576K May 20, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The acquisition of shares of the issuer's common stock pursuant to the Udemy, Inc. 2021 Employee Stock Purchase Plan (the ESPP), for the ESPP purchase period of November 20, 2023 through May 20, 2024. This transaction is also exempt pursuant to Rule 16b-3(c). In accordance with the ESPP, these shares were purchased based on 85% of the closing price of the Issuer's common stock on the offering period begin date of May 22, 2023.