Allamano Cara Brennan 4
4 · Udemy, Inc. · Filed Jan 25, 2022
Insider Transaction Report
Form 4
Udemy, Inc.UDMY
Allamano Cara Brennan
SVP People, Places & Learning
Transactions
- Exercise/Conversion
Common Stock
2022-01-21$3.06/sh+36,459$111,565→ 198,908 total - Exercise/Conversion
Employee Stock Option (right to buy)
2022-01-21$3.06/sh−36,459$111,565→ 15,625 totalExercise: $3.06Exp: 2028-07-29→ Common Stock (36,459 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
2022-01-21$3.12/sh−5,569$17,375→ 87,500 totalExercise: $3.12Exp: 2029-05-06→ Common Stock (5,569 underlying) - Exercise/Conversion
Common Stock
2022-01-21$3.12/sh+5,569$17,375→ 204,477 total
Footnotes (3)
- [F1]No shares were sold by the Reporting Person in connection with the exercise and the shares of common stock issued as a result of the exercise are subject to the terms of a lock-up agreement executed by the Reporting Person in favor of the underwriters of the Company's initial public offering in October 2021.
- [F2]One-fourth of the shares underlying the option vested on June 25, 2019 and 1/48th of the remaining shares vest monthly thereafter.
- [F3]The shares underlying this option vest in 48 equal installments beginning on March 1, 2019.