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
- 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.
- One-fourth of the shares underlying the option vested on May 1, 2020 and 1/48th of the remaining shares vest monthly thereafter.
Billionaire Hedge Funds
