Form 4 for COUR Coursera, Inc.
Accepted 2023-05-15 00:00:00 ET · period of report 2023-05-11 · accession 0001209191-23-029577 · 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 | 2023-05-15 | 2023-05-11 | COUR | Maggioncalda Jeffrey Nacey | Pres, CEO, Dir | M - OptEx | $2.56 | +50.0K | 2.89M | +2% | +$128.0K |
| D | 2023-05-15 | 2023-05-11 | COUR | Maggioncalda Jeffrey Nacey | Pres, CEO, Dir | S - Sale+OE | $11.26 | -50.0K | 2.84M | -2% | -$563.0K |
| D | 2023-05-15 | 2023-05-11 | COUR | Maggioncalda Jeffrey Nacey | Pres, CEO, Dir | M - OptEx | $0.00 | -50.0K | 1.61M | -3% | $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 | 2023-05-11 | M | A | 50,000 | $2.56 | 2,886,702 | D | — | — | (F1) Includes 1,805 shares of common stock acquired under the Coursera, Inc. 2021 Employee Stock Purchase Plan on May 10, 2023. |
| 2 | Common | Common Stock | 2023-05-11 | S | D | 50,000 | $11.26 | 2,836,702 | D | — | — | (F2) Represents a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $11.02 to $11.40, inclusive. The reporting person undertakes to provide upon request by the Securities and Exchange Commission, the issuer, or a securityholder of the issuer detailed information regarding the price and number of shares sold within the range indicated. |
| 3 | Derivative | Stock Option (right to buy) | 2023-05-11 | M | D | 50,000 | $0.00 | 1,611,657 | D | $2.56 · — to 2027-07-13 | 50,000 Common Stock | (F3) Represents an initial option to purchase 5,552,808 shares of common stock, with 25% of the total number of shares subject to the option vesting on June 12, 2018, and 75% of the shares subject to the option vesting in 36 equal monthly installments thereafter, subject to the reporting person's continued service with the Issuer through the applicable vesting dates. |