Alan B. Cardenas - Feb 24, 2025 Form 4 Insider Report for Coursera, Inc. (COUR)

Signature
/s/ Sylvia Lexington, Attorney-in-Fact
Stock symbol
COUR
Transactions as of
Feb 24, 2025
Transactions value $
-$13,461
Form type
4
Date filed
2/26/2025, 05:25 PM
Previous filing
Feb 19, 2025
Next filing
Mar 24, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COUR Common Stock Award $0 +18.4K +10.22% $0.00 199K Feb 24, 2025 Direct F1
transaction COUR Common Stock Tax liability -$13.5K -1.67K -0.84% $8.08 197K Feb 24, 2025 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock earned by the reporting person under a performance-based restricted stock unit ("PSU") award granted on March 18, 2024, subject to performance- and service-based vesting conditions. On February 24, 2025, the performance condition was achieved, resulting in 18,431 PSUs being earned by the reporting person. The service condition for the first tranche was also met, causing 25% of such PSUs to vest and shares to be released on February 24, 2025. The remaining PSUs are subject only to a service condition and will vest in 12 quarterly installments commencing on May 15, 2025, subject to the reporting person's continued service with the issuer through each vesting date.
F2 Represents the number of shares of common stock withheld by the issuer to cover the reporting person's tax liability associated with the release of shares of common stock subject to the PSUs on February 24, 2025.