---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-162473"
form_type: "8-K"
ticker: "UDMY"
cik: "0001607939"
company_name: "Udemy, Inc."
filed_at: "2022-05-27T23:59:59+00:00"
generated_at: "2026-06-25T06:20:15.657109+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Udemy announces voluntary option exchange program for options with exercise price ≥ $11.13

## Summary
- Eligible employees (non-board) may exchange outstanding options at or above $11.13/share for RSUs on a one-for-one basis.
- New RSUs vest on a schedule approximating the remaining vesting of the exchanged options.
- Program has not yet commenced; final terms subject to board approval and will be disclosed via Schedule TO.
- Initiative aims to retain top talent by enhancing equity compensation competitiveness.

## SEC filing metadata
- accession: 0001193125-22-162473
- form_type: 8-K
- ticker: UDMY
- cik: 0001607939
- company_name: Udemy, Inc.
- filed_at: 2022-05-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1607939/000119312522162473/0001193125-22-162473-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1607939/000119312522162473/d355653d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-162473
- JSON: https://secwatch.observer/filing/0001193125-22-162473.json
- Plain text: https://secwatch.observer/filing/0001193125-22-162473.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.