Andrew Y. Ng - 13 Sep 2022 Form 4 Insider Report for Coursera, Inc. (COUR)

Role
Director
Signature
/s/ Lana B. Persaud, Attorney-in-Fact
Issuer symbol
COUR
Transactions as of
13 Sep 2022
Transactions value $
-$417,412
Form type
4
Filing time
15 Sep 2022, 15:30:05 UTC
Previous filing
17 Aug 2022
Next filing
06 Oct 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COUR Common Stock Options Exercise $67.2K +40K +0.54% $1.68* 7.39M 13 Sep 2022 Direct
transaction COUR Common Stock Sale -$485K -40K -0.54% $12.12 7.35M 13 Sep 2022 Direct F1, F2
transaction COUR Common Stock Gift $0 -10K -0.14% $0.00 7.34M 13 Sep 2022 Direct F1

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) Options Exercise $0 -40K -3.39% $0.00 1.14M 13 Sep 2022 Common Stock 40K $1.68 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Transaction effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 23, 2021.
F2 Represents a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $11.94 to $12.33, inclusive. Reporting person undertakes to provide upon request by the Securities and Exchange Commission, the issuer or a securityholder of the issuer detailed information regarding the price and number of shares sold within the range indicated.
F3 Represents an initial option to purchase 1,420,000 shares of common stock, which vests in 48 substantially equal monthly installments on each of monthly anniversary of April 21, 2014, subject to full-time employment, or 96 substantially equal monthly installments on each monthly anniversary of April 21, 2014, after transitioning to consultant or part-time employee status.