Maggioncalda Jeffrey Nacey 4
4 · Coursera, Inc. · Filed Feb 20, 2024
Insider Transaction Report
Form 4
Coursera, Inc.COUR
Maggioncalda Jeffrey Nacey
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock
2024-02-15$2.56/sh+22,595$57,843→ 2,574,525 total - Sale
Common Stock
2024-02-15$16.85/sh−50,000$842,330→ 2,524,525 total - Tax Payment
Common Stock
2024-02-15$17.04/sh−97,029$1,653,374→ 2,427,496 total - Exercise/Conversion
Stock Option (right to buy)
2024-02-15−22,595→ 179,061 totalExercise: $2.56Exp: 2027-07-13→ Common Stock (22,595 underlying)
Footnotes (4)
- [F1]Transaction effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 16, 2023.
- [F2]Represents a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $16.55 to $17.03, 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.
- [F3]Represents the number of shares of common stock withheld by the issuer to cover the reporting person's tax liability associated with the vesting of shares underlying certain restricted stock units on February 15, 2024.
- [F4]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 substantially equal monthly installments thereafter, subject to the reporting person's continued service with the issuer through the applicable vesting dates.