Gregory M. Hart - Feb 3, 2025 Form 4 Insider Report for Coursera, Inc. (COUR)

Role: President & CEO, Director
Signature: /s/ Sylvia Lexington, Attorney-in-Fact
Stock symbol: COUR
Transactions as of: Feb 3, 2025
Transactions value $: $0
Form type: 4
Date filed: 2/5/2025, 06:11 PM
Previous filing: Dec 5, 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	COUR	Common Stock	Award	$0	+1.87M		$0.00	1.87M	Feb 3, 2025	Direct	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	COUR	Stock Option (right to buy)	Award	$0	+3.75M		$0.00	3.75M	Feb 3, 2025	Common Stock	0	$7.81	Direct	F1, F3
transaction	COUR	Performance-based Stock Option (right to buy)	Award	$0	+1.4M		$0.00	1.4M	Feb 3, 2025	Common Stock	0	$7.81	Direct	F1, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects restricted stock units (RSUs) and stock options granted upon the appointment of the reporting person as the new President and Chief Executive Officer of the issuer.
F2	Shares issuable upon settlement of a restricted stock unit award, with 25% of the RSUs subject to the award vesting on February 3, 2026, 6.25% of the RSUs subject to the award vesting on February 15, 2026, and 68.75% of the RSUs subject to the award vesting in 11 equal quarterly installments thereafter, subject to the reporting person's continued service with the issuer through the applicable vesting dates.
F3	Option vests over four years, with 25% of the shares subject to the option vesting on February 3, 2026 and 75% of the shares subject to the option vesting in 12 equal quarterly installments thereafter, subject to the reporting person's continued service with the issuer through the applicable vesting dates.
F4	Option vests upon satisfaction of both service- and market-based vesting conditions. The market-based vesting condition is satisfied when the trailing simple moving average closing price of the issuer's common stock over a 60-trading day period equals or exceeds 150% of the Base Stock Price, which is defined in the applicable option agreement as the 30-trading day trailing simple moving average closing price of the issuer's common stock ended on February 3, 2025. Under the service-based vesting condition, the option vests over four years with 25% of the shares subject to the option vesting on February 3, 2026, and 75% of the shares subject to the option vesting in 12 equal quarterly installments thereafter, subject to the reporting person's continued service with the issuer through the applicable vesting dates.