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Coursera, Inc. — Director's Dealing 2021
Aug 12, 2021
31686_dirs_2021-08-11_ecb51473-bb72-41e9-9b3f-6a077e631f00.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: 2021-08-09
Reporting Person: HAHN KENNETH R (See Remarks)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-08-09 | Common Stock | M | 25000 | $6.06 | Acquired | 105000 | Direct |
| 2021-08-09 | Common Stock | S | 25000 | $40.00 | Disposed | 80000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-08-09 | Stock Option (right to buy) | $6.06 | M | 25000 | Disposed | 2030-05-19 | Common Stock (25000) | Direct |
Footnotes
F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 14, 2021.
F2: Represents a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $40.00 to $40.01, 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: On July 6, 2021, the reporting person filed a Form 4 which inadvertently reported the stock option exercise price to be $6.60. In fact, as reported in this Form 4, the correct exercise price is $6.06.
F4: Represents an initial option to purchase 1,250,000 shares of common stock, with 25% of the shares subject to the option vesting on May 18, 2021, 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.