Udemy, Inc. — Director's Dealing 2022

Dec 16, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Udemy, Inc. (UDMY)
CIK: 0001607939
Period of Report: 2022-12-14

Reporting Person: Brown Gregory Scott (President, Udemy Business)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-12-14	Common Stock	S	84047	$12.13	Disposed	1310287	Direct
2022-12-15	Common Stock	S	27085	$11.82	Disposed	1283202	Direct
2022-12-15	Common Stock	S	200	$12.46	Disposed	1283002	Direct

Footnotes

F1: The reported transaction was effected to satisfy certain tax obligations of the Reporting Person incurred with the vesting and settlement of Restricted Stock Units ("RSUs").

F2: These transactions were executed in multiple trades at prices ranging from $11.87 to $12.35. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F3: The reported transaction was effected to satisfy certain tax obligations of the Reporting Person incurred with the vesting and settlement of Restricted Stock Units ("RSUs") and was executed pursuant to a Rule 10b5-1 plan entered into by the Reporting Person.

F4: These transactions were executed in multiple trades at prices ranging from $11.45 to $12.44. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.