Venu Venugopal - 20 May 2023 Form 4 Insider Report for Udemy, Inc. (UDMY)

Role
Chief Technology Officer
Signature
/s/ Sarah Tian, Attorney-in-Fact
Issuer symbol
UDMY
Transactions as of
20 May 2023
Transactions value $
$9,573
Form type
4
Filing time
23 May 2023, 12:52:20 UTC
Previous filing
21 Mar 2023
Next filing
30 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UDMY Common Stock Award $9,573 +1,258 +0.3% $7.61 417,991 20 May 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The acquisition of shares of the issuer's common stock pursuant to the Udemy, Inc. 2021 Employee Stock Purchase Plan (the "ESPP"), for the ESPP purchase period of November 20, 2022 through May 20,2023. This transaction is also exempt pursuant to Rule 16b-3(c).
F2 In accordance with the ESPP, these shares were purchased based on 85% of the closing price of the Issuer's common stock on May 19, 2023.