Venugopal Venu 4
4 · Udemy, Inc. · Filed Feb 22, 2024
Insider Transaction Report
Form 4
Udemy, Inc.UDMY
Venugopal Venu
Chief Technology Officer
Transactions
- Award
Common Stock
2024-02-22+58,086→ 392,405 total - Sale
Common Stock
2024-02-20$10.82/sh−6,981$75,534→ 334,319 total
Footnotes (2)
- [F1]These transactions were executed in multiple trades at prices ranging from $10.72 to $11.04. 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]Represents shares of common stock under a performance-based restricted stock unit ("PSU") award dated March 18, 2023. On February 22, 2024, a performance-based vesting condition was achieved with respect to the award. The PSUs remain subject to time-based vesting under which one-fourth of the PSUs will vest on March 15, 2024 and then 1/12th will vest on each quarterly anniversary thereafter, subject to the reporting person's continuous service with the issuer.