Kenneth A. Fox - 31 May 2022 Form 4 Insider Report for Udemy, Inc. (UDMY)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
02 Jun 2022, 18:52:50 UTC
Prior SEC filing
03 Nov 2021
Next SEC filing
17 Jun 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Sarah Tian, by power of attorney

Key filing fact

Kenneth A. Fox filed Form 4 for Udemy, Inc. (UDMY) on 02 Jun 2022.

Key facts

  • This page summarizes Kenneth A. Fox's Form 4 filing for Udemy, Inc. (UDMY).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 02 Jun 2022, 18:52.

Change

  • Previous filing in this sequence was filed on 03 Nov 2021.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

UDMY transaction

Common Stock

Other

Transaction value
Shares
-3,452,000
Change %
-50%
Price
Shares after
3,451,905
Date
31 May 2022
Ownership
See footnote
Footnotes
F1, F2
UDMY transaction

Common Stock

Other

Transaction value
Shares
+255,883
Change %
Price
Shares after
255,883
Date
31 May 2022
Ownership
Direct
Footnotes
F1, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Represents a pro rata in-kind distribution of Common Stock of the Issuer by Stripes III, LP, or Stripes III, without consideration to its partners or members and includes subsequent distributions by its general partner or managing member to their respective partners or members.

Footnote F2

The shares are held of record by Stripes III. Stripes GP III, LLC, or Stripes GP, the general partner of Stripes III, has sole voting and dispositive power over such shares and voting decisions with respect to such shares are made by Stripes Holdings, LLC, or Stripes Holdings, as the managing member of Stripes GP. The reporting person owns and controls Stripes Holdings but disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.

Footnote F3

Represents the receipt of shares of Common Stock of the Issuer by virtue of the pro rata in-kind distributions described in footnote (1) above as follows: (i) 196,837 shares from Stripes GP to the reporting person and (ii) 59,046 shares from Stripes Holdings to the reporting person.

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