Venugopal Venu 4
4 · Udemy, Inc. · Filed Dec 12, 2023
Insider Transaction Report
Form 4
Udemy, Inc.UDMY
Venugopal Venu
Chief Technology Officer
Transactions
- Sale
Common Stock
2023-12-08$15.00/sh−28,000$420,000→ 357,512 total - Exercise/Conversion
Common Stock
2023-12-08$3.12/sh+28,000$87,360→ 385,512 total - Exercise/Conversion
Employee Stock Option (right to buy)
2023-12-08$15.00/sh−28,000$420,000→ 748,000 totalExercise: $3.12Exp: 2029-05-13→ Common Stock (28,000 underlying)
Footnotes (2)
- [F1]These transactions were executed in multiple trades at prices ranging from $15.00 to $15.06. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F2]One-fourth of the shares underlying the option vested on May 1, 2020 and 1/48th of the remaining shares vest monthly thereafter.