0001607939-22-000084.txt : 20220809 0001607939-22-000084.hdr.sgml : 20220809 20220809202547 ACCESSION NUMBER: 0001607939-22-000084 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220806 FILED AS OF DATE: 20220809 DATE AS OF CHANGE: 20220809 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Brown Gregory Scott CENTRAL INDEX KEY: 0001713577 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40956 FILM NUMBER: 221150094 MAIL ADDRESS: STREET 1: C/O BLACKHAWK NETWORK HOLDINGS, INC. STREET 2: 6220 STONERIDGE MALL ROAD CITY: PLEASANTON STATE: CA ZIP: 94588 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Udemy, Inc. CENTRAL INDEX KEY: 0001607939 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EDUCATIONAL SERVICES [8200] IRS NUMBER: 271779864 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 600 HARRISON STREET STREET 2: 3RD FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94107 BUSINESS PHONE: (510) 378-4789 MAIL ADDRESS: STREET 1: 600 HARRISON STREET STREET 2: 3RD FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94107 4 1 wf-form4_166009112584156.xml FORM 4 X0306 4 2022-08-06 0 0001607939 Udemy, Inc. UDMY 0001713577 Brown Gregory Scott C/O UDEMY, INC. 600 HARRISON STREET, 3RD FLOOR SAN FRANCISCO CA 94107 0 1 0 0 President, Udemy Business Common Stock 2022-08-06 4 A 0 175000 A 473293 D Common Stock 2022-08-06 4 A 0 750000 A 1223293 D Employee Stock Option (right to buy) 11.13 2022-08-06 4 D 0 925000 D 2030-11-22 Common Stock 925000.0 175000 D Represents restricted stock units ("RSUs") granted pursuant to the Issuer's 2021 Equity Incentive Plan. The RSUs will vest in full on Nov 15, 2022. On August 6, 2022, pursuant to the issuer's equity exchange program (announced July 11, 2022), the issuer canceled an option for 925,000 shares of the issuer's common stock granted to the reporting person on November 23, 2020. Pursuant to the equity exchange program, the reporting person received restricted stock units covering 100,000 shares of the issuer's common stock. Represents restricted stock units ("RSUs") granted pursuant to the Issuer's 2021 Equity Incentive Plan. 390,625 of the RSUs will vest on Nov 15, 2022; 46,875 RSUs will vest each quarter in 2023 and 57,292 will vest each quarter in 2024. 750,000 shares underlying this option vest as follows: one-fourth of the shares will vest on November 2, 2021 and the remaining shares will vest monthly in equal installments thereafter. 175,000 shares underlying this option vested in full on February 3, 2022 upon the achievement of the applicable performance conditions. /s/ Sarah Tian, Attorney-in-Fact 2022-08-09