G Squared Equity Management LP - 10 Aug 2021 Form 4 Insider Report for Coursera, Inc. (COUR)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
11 Aug 2021, 17:32:43 UTC
Prior SEC filing
11 Aug 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
G SQUARED EQUITY MANAGEMENT LP, By: Larry Aschebrook, Title: Managing Partner, /s/ Larry Aschebrook

Key filing fact

G Squared Equity Management LP filed Form 4 for Coursera, Inc. (COUR) on 11 Aug 2021.

Key facts

  • This page summarizes G Squared Equity Management LP's Form 4 filing for Coursera, Inc. (COUR).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 11 Aug 2021, 17:32.

Change

  • Previous filing in this sequence was filed on 11 Aug 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.

COUR transaction

Common Stock

Other

Transaction value
$0
Shares
-3,273,025
Change %
-21%
Price
$0.000000
Shares after
12,197,337
Date
10 Aug 2021
Ownership
See Footnotes
Footnotes
F1, F2, F3, F4, F5, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

G Squared Equity Management LP is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 6 footnotes

Footnote F1

On August 10, 2021, the Reporting Persons made the following distributions-in-kind, without consideration, to their respective general partners and limited partners: (i) G Squared Coursera LLC ("GSC") distributed 2,500,000 shares of Common Stock of the Issuer (the "Common Stock"), (ii) G Squared Coursera II LLC ("GSC II") distributed 499,998 shares of Common Stock, (iii) G Squared Coursera III LLC ("GSC III") distributed 100,000 shares of Common Stock and (iv) G Squared Coursera IV LLC ("GSC IV") distributed 173,027 shares of Common Stock. The foregoing distributions were made in accordance with the exemption under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended (the "Exchange Act").

Footnote F2

Following the reported transactions, the shares held by the Reporting Persons are as follows: (i) 3,628,987 shares held of record by G Squared Opportunities ICAV ("GS ICAV"), (ii) 2,678,456 shares of held of record by G Squared Opportunities Fund IV LLC ("GSOF IV"), (iii) 1,597,880 shares held of record by Venture-GSquared Investments LP Fund ("VGI"), (iv) 829,899 shares held of record by G Squared IV, LP ("GS IV"), (v) 926,990 shares held of record by G Squared IV, SCSp ("GS SCS"), (vi) 0 shares held of record by GSC IV, (vii) 513,342 shares held of record by G Squared V LP ("GS V"), (viii) 136,658 shares held of record by G Squared Opportunities Fund V LLC ("GSOF V"), (ix) 205,647 shares held of record by G Squared Special Situations Fund LLC ("GSSS") (x) 504,168 shares held of record by G Squared Opportunities Fund I LLC ("GSOF I")

Footnote F3

(Continued from footnote 2) (xi) 3,558 shares held of record by G Squared Opportunities Fund II LLC ("GSOF II"), (xii) 0 shares held of record by GSC, (xiii) 1,171,752 shares held of record by G Squared Opportunities Fund, Series C-7 ("GSOF 7"), (xiv) 0 shares held of record by GSC II and (xv) 0 shares held of record by GSC III.

Footnote F4

G Squared Equity Management LP ("GSEM") is the sole general partner of G Squared Equity GP V, LLC ("GP V"), which is the sole general partner of GS V. GSEM is the sole general partner of G Squared Equity GP IV ("GP IV"), which is the sole general partner of GS IV. GSEM is the sole general partner of G Squared Equity GP S.a.r.l. ("GP SARL"), which is the sole general partner of GS SCS. GSEM is the sole managing partner and investment adviser to each of GSC IV, GSOF IV, GSOF V, GS ICAV, GSSS, and VGI (together with GS V, GS IV and GS SCS, the "GSEM Funds"). Larry Aschebrook ("Aschebrook") is the Managing Partner of GSEM, and has sole voting and dispositive control over the shares held of record by the GSEM Funds.

Footnote F5

G Squared Equity LLC ("GSE") is the sole manager and investment adviser to each of GSC, GSC II, GSC III, GSOF I, GSOF II and GSOF 7 (the "GSE Funds"). Aschebrook is the Managing Partner of GSE, and has sole voting and dispositive control over the shares held of record by the GSE Funds.

Footnote F6

Each of GSEM, GSE, GP V, GP IV, GP SARL and Aschebrook disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Exchange Act, except to the extent of its or his pecuniary interest therein, if any. This report shall not be deemed an admission that any of the Reporting Persons is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.

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