Udemy, Inc. — Director's Dealing 2023

May 23, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Udemy, Inc. (UDMY)
CIK: 0001607939
Period of Report: 2023-05-20

Reporting Person: Blanchard Sarah (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-05-20	Common Stock	A	2012	$7.61	Acquired	1183006	Direct

Footnotes

F1: The acquisition of shares of the issuer's common stock pursuant to the Udemy, Inc. 2021 Employee Stock Purchase Plan (the "ESPP"), for the ESPP purchase period of November 20, 2022 through May 20,2023. This transaction is also exempt pursuant to Rule 16b-3(c).

F2: In accordance with the ESPP, these shares were purchased based on 85% of the closing price of the Issuer's common stock on May 19, 2023.