Allamano Cara Brennan 4
4 · Udemy, Inc. · Filed Jan 27, 2022
Insider Transaction Report
Form 4
Udemy, Inc.UDMY
Allamano Cara Brennan
SVP People, Places & Learning
Transactions
- Exercise/Conversion
Common Stock
2022-01-26$3.06/sh+2,604$7,968→ 207,081 total - Exercise/Conversion
Employee Stock Option (right to buy)
2022-01-26$3.06/sh−2,604$7,968→ 13,021 totalExercise: $3.06Exp: 2028-07-29→ Common Stock (2,604 underlying)
Footnotes (2)
- [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.