Udemy, Inc. — Director's Dealing 2022

Feb 23, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Udemy, Inc. (UDMY)
CIK: 0001607939
Period of Report: 2022-02-18

Reporting Person: Allamano Cara Brennan (SVP People, Places & Learning)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-18	Common Stock	M	3000	$3.12	Acquired	210081	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-02-18	Employee Stock Option (right to buy)	$3.12	M	3000	Acquired	2029-05-06	Common Stock (3000.0)	Direct

Footnotes

F1: No shares were sold by the Reporting Person in connection with the exercise and the shares of common stock issued as a result of the exercise are subject to the terms of a lock-up agreement executed by the Reporting Person in favor of the underwriters of the Company's initial public offering in October 2021.

F2: The shares underlying this option vest in 48 equal installments beginning on March 1, 2019.