Filing Details

Accession Number:
0001607939-23-000220
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-12-12 16:35:24
Reporting Period:
2023-12-08
Accepted Time:
2023-12-12 16:35:24
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1607939 Udemy Inc. UDMY Services-Educational Services (8200) 271779864
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1884383 Venu Venugopal C/O Udemy, Inc.
600 Harrison Street, 3Rd Floor
San Francisco CA 94107
Chief Technology Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2023-12-08 28,000 $3.12 385,512 No 4 M Direct
Common Stock Disposition 2023-12-08 28,000 $15.00 357,512 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (right to buy) Disposition 2023-12-08 28,000 $15.00 28,000 $3.12
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
748,000 2029-05-13 No 4 M Direct
Footnotes
  1. 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.
  2. One-fourth of the shares underlying the option vested on May 1, 2020 and 1/48th of the remaining shares vest monthly thereafter.