4//SEC Filing
HAQUE PROMOD 4
Accession 0000899243-21-042450
CIK 0001607939other
Filed
Nov 1, 8:00 PM ET
Accepted
Nov 2, 7:00 PM ET
Size
16.9 KB
Accession
0000899243-21-042450
Insider Transaction Report
Form 4
Udemy, Inc.UDMY
NVP Associates, LLC
10% Owner
Transactions
- Conversion
Series C Convertible Preferred Stock
2021-11-02−10,134,082→ 0 total(indirect: See footnote)→ Common Stock (10,134,082 underlying) - Conversion
Series D Convertible Preferred Stock
2021-11-02−1,418,858→ 0 total(indirect: See footnote)→ Common Stock (1,418,858 underlying) - Conversion
Common Stock
2021-11-02+11,552,940→ 12,458,934 total(indirect: See footnote)
Norwest Venture Partners XII, LP
10% Owner
Transactions
- Conversion
Series D Convertible Preferred Stock
2021-11-02−1,418,858→ 0 total(indirect: See footnote)→ Common Stock (1,418,858 underlying) - Conversion
Common Stock
2021-11-02+11,552,940→ 12,458,934 total(indirect: See footnote) - Conversion
Series C Convertible Preferred Stock
2021-11-02−10,134,082→ 0 total(indirect: See footnote)→ Common Stock (10,134,082 underlying)
Kossow Jon Erik
10% Owner
Transactions
- Conversion
Series D Convertible Preferred Stock
2021-11-02−1,418,858→ 0 total(indirect: See footnote)→ Common Stock (1,418,858 underlying) - Conversion
Common Stock
2021-11-02+11,552,940→ 12,458,934 total(indirect: See footnote) - Conversion
Series C Convertible Preferred Stock
2021-11-02−10,134,082→ 0 total(indirect: See footnote)→ Common Stock (10,134,082 underlying)
HAQUE PROMOD
10% Owner
Transactions
- Conversion
Common Stock
2021-11-02+11,552,940→ 12,458,934 total(indirect: See footnote) - Conversion
Series C Convertible Preferred Stock
2021-11-02−10,134,082→ 0 total(indirect: See footnote)→ Common Stock (10,134,082 underlying) - Conversion
Series D Convertible Preferred Stock
2021-11-02−1,418,858→ 0 total(indirect: See footnote)→ Common Stock (1,418,858 underlying)
Crowe Jeffrey
10% Owner
Transactions
- Conversion
Series C Convertible Preferred Stock
2021-11-02−10,134,082→ 0 total(indirect: See footnote)→ Common Stock (10,134,082 underlying) - Conversion
Common Stock
2021-11-02+11,552,940→ 12,458,934 total(indirect: See footnote) - Conversion
Series D Convertible Preferred Stock
2021-11-02−1,418,858→ 0 total(indirect: See footnote)→ Common Stock (1,418,858 underlying)
Footnotes (3)
- [F1]Each share of Series C Convertible Preferred Stock automatically converted into Common Stock on a one-to-one basis immediately prior to the completion of the Issuer's initial public offering of Common Stock and had no expiration date.
- [F2]Each share of Series D Convertible Preferred Stock automatically converted into Common Stock on a one-to-one basis immediately prior to the completion of the Issuer's initial public offering of Common Stock and had no expiration date.
- [F3]The shares are held of record by Norwest Venture Partners XII, LP. Genesis VC Partners XII, LLC is the general partner of Norwest Venture Partners XII, LP, and NVP Associates, LLC is the managing member of Genesis VC Partners XII, LLC. Each of Promod Haque, Jeffrey Crowe, and Jon Kossow, who are co-chief executive officers of NVP Associates, LLC, may be deemed to share voting and dispositive power over the shares held by Norwest Venture Partners XII, LP. Each of the reporting entities and individuals disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
Documents
Issuer
Udemy, Inc.
CIK 0001607939
Entity typeother
IncorporatedCA
Related Parties
1- filerCIK 0001089744
Filing Metadata
- Form type
- 4
- Filed
- Nov 1, 8:00 PM ET
- Accepted
- Nov 2, 7:00 PM ET
- Size
- 16.9 KB