Udemy, Inc. — Director's Dealing 2023

Feb 27, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Udemy, Inc. (UDMY)
CIK: 0001607939
Period of Report: 2023-02-23

Reporting Person: Venugopal Venu (Chief Technology Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-23	Common Stock	S	8042	$9.84	Disposed	254964	Direct
2023-02-27	Common Stock	S	4897	$9.76	Disposed	250067	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: 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.

F3: These transactions were executed in multiple trades at prices ranging from $9.63 to $9.92. 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.