Form 4 for COUR Coursera, Inc.
Accepted 2025-02-05 00:00:00 ET · period of report 2025-02-03 · accession 0000950170-25-014757 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-02-05 | 2025-02-03 | COUR | Hart Gregory M. | Pres, CEO, Dir | A - Grant | $0.00 | +1.87M | 1.87M | New | $0 |
| DM | 2025-02-05 | 2025-02-03 | COUR | Hart Gregory M. | Pres, CEO, Dir | A - Grant | $0.00 | +5.15M | 1.40M | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-02-03 | A | A | 1,873,171 | $0.00 | 1,873,171 | D | — | — | (F1) Reflects restricted stock units (RSUs) and stock options granted upon the appointment of the reporting person as the new President and Chief Executive Officer of the issuer. (F2) Shares issuable upon settlement of a restricted stock unit award, with 25% of the RSUs subject to the award vesting on February 3, 2026, 6.25% of the RSUs subject to the award vesting on February 15, 2026, and 68.75% of the RSUs subject to the award vesting in 11 equal quarterly installments thereafter, subject to the reporting person's continued service with the issuer through the applicable vesting dates. |
| 2 | Derivative | Stock Option (right to buy) | 2025-02-03 | A | A | 3,746,342 | $0.00 | 3,746,342 | D | $7.81 · — to 2035-02-03 | 0 Common Stock | (F1) Reflects restricted stock units (RSUs) and stock options granted upon the appointment of the reporting person as the new President and Chief Executive Officer of the issuer. (F3) Option vests over four years, with 25% of the shares subject to the option vesting on February 3, 2026 and 75% of the shares subject to the option vesting in 12 equal quarterly installments thereafter, subject to the reporting person's continued service with the issuer through the applicable vesting dates. |
| 3 | Derivative | Performance-based Stock Option (right to buy) | 2025-02-03 | A | A | 1,404,879 | $0.00 | 1,404,879 | D | $7.81 · — to 2035-02-03 | 0 Common Stock | (F1) Reflects restricted stock units (RSUs) and stock options granted upon the appointment of the reporting person as the new President and Chief Executive Officer of the issuer. (F4) Option vests upon satisfaction of both service- and market-based vesting conditions. The market-based vesting condition is satisfied when the trailing simple moving average closing price of the issuer's common stock over a 60-trading day period equals or exceeds 150% of the Base Stock Price, which is defined in the applicable option agreement as the 30-trading day trailing simple moving average closing price of the issuer's common stock ended on February 3, 2025. Under the service-based vesting condition, the option vests over four years with 25% of the shares subject to the option vesting on February 3, 2026, and 75% of the shares subject to the option vesting in 12 equal quarterly installments thereafter, subject to the reporting person's continued service with the issuer through the applicable vesting dates. |