Cardenas Alan B 4
4 · Coursera, Inc. · Filed Feb 26, 2025
Insider Transaction Report
Form 4
Coursera, Inc.COUR
Cardenas Alan B
SVP, General Counsel
Transactions
- Award
Common Stock
2025-02-24+18,431→ 198,844 total - Tax Payment
Common Stock
2025-02-24$8.08/sh−1,666$13,461→ 197,178 total
Footnotes (2)
- [F1]Represents shares of common stock earned by the reporting person under a performance-based restricted stock unit ("PSU") award granted on March 18, 2024, subject to performance- and service-based vesting conditions. On February 24, 2025, the performance condition was achieved, resulting in 18,431 PSUs being earned by the reporting person. The service condition for the first tranche was also met, causing 25% of such PSUs to vest and shares to be released on February 24, 2025. The remaining PSUs are subject only to a service condition and will vest in 12 quarterly installments commencing on May 15, 2025, subject to the reporting person's continued service with the issuer through each vesting date.
- [F2]Represents the number of shares of common stock withheld by the issuer to cover the reporting person's tax liability associated with the release of shares of common stock subject to the PSUs on February 24, 2025.