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Coursera, Inc. — Director's Dealing 2021
Nov 13, 2021
31686_dirs_2021-11-12_06abb0d1-2599-454d-9b8d-0c480bd1a8fd.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Coursera, Inc. (COUR)
CIK: 0001651562
Period of Report: 2021-11-10
Reporting Person: Maggioncalda Jeffrey Nacey (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-11-10 | Common Stock | M | 50000 | $2.56 | Acquired | 383757 | Direct |
| 2021-11-10 | Common Stock | S | 50000 | $34.45 | Disposed | 333757 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-11-10 | Stock Option (right to buy) | $2.56 | M | 50000 | Disposed | 2027-07-13 | Common Stock (50000) | Direct |
Footnotes
F1: Includes 757 shares of common stock acquired under the Coursera, Inc. 2021 Employee Stock Purchase Plan on November 10, 2021.
F2: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 18, 2021.
F3: Represents a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $33.770 to $34.755, 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.
F4: Represents an initial option to purchase 5,552,808 shares of common stock, with 25% of the total number of shares subject to the option vesting on June 12, 2018, and 75% of the shares subject to the option vesting in 36 equal monthly installments thereafter, subject to the reporting person's continued service with the Issuer through the applicable vesting dates.