Udemy, Inc.|4Mar 18, 3:40 PM ET

Argerich Llibert 4

4 · Udemy, Inc. · Filed Mar 18, 2022

Form 4

Period: 2022-03-16

SVP, Marketing

Transactions

Exercise/Conversion
Common Stock
2022-03-16$3.12/sh+5,225$16,302→ 142,699 total
Exercise/Conversion
Employee Stock Option (right to buy)
2022-03-16$3.06/sh−10,417$31,876→ 4,167 total
Exercise: $3.06Exp: 2028-07-29→ Common Stock (10,417 underlying)
Exercise/Conversion
Employee Stock Option (right to buy)
2022-03-16$3.06/sh−11,458$35,061→ 7,292 total
Exercise: $3.06Exp: 2028-10-11→ Common Stock (11,458 underlying)
Exercise/Conversion
Common Stock
2022-03-16$3.06/sh+21,875$66,938→ 137,474 total
Exercise/Conversion
Employee Stock Option (right to buy)
2022-03-16$3.12/sh−5,225$16,302→ 53,910 total
Exercise: $3.12Exp: 2029-10-09→ Common Stock (5,225 underlying)

Footnotes (4)

[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 18, 2019 and 1/48th of the remaining shares vest monthly thereafter.
[F3]One-fourth of the shares underlying the option vested on October 12, 2019 and 1/48th of the remaining shares vest monthly thereafter.
[F4]The shares underlying this option vest in 48 equal monthly installments beginning on September 1, 2019.

Documents

1 file