Udemy, Inc. — Director's Dealing 2023

Nov 7, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Udemy, Inc. (UDMY)
CIK: 0001607939
Period of Report: 2023-11-03

Reporting Person: Venugopal Venu (Chief Technology Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-11-03	Common Stock	M	24000	$3.12	Acquired	405670	Direct
2023-11-03	Common Stock	S	28208	$12	Disposed	377462	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-11-03	Employee Stock Option (right to buy)	$3.12	M	24000	Disposed	2029-05-13	Common Stock (24000)	Direct

Footnotes

F1: One-fourth of the shares underlying the option vested on May 1, 2020 and 1/48th of the remaining shares vest monthly thereafter.