# EDGAR Filing Document

**Accession Number:** 0001651562
**File Stem:** 0001193125-23-046710
**Filing Date:** 2023-2
**Character Count:** 22352
**Document Hash:** db8ae41187120c0da3df511171537a5c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-23-046710.hdr.sgml**: 20230223

**ACCESSION NUMBER**: 0001193125-23-046710

**CONFORMED SUBMISSION TYPE**: S-8

**PUBLIC DOCUMENT COUNT**: 4

**FILED AS OF DATE**: 20230223

**DATE AS OF CHANGE**: 20230223

**EFFECTIVENESS DATE**: 20230223

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Coursera, Inc.
- **CENTRAL INDEX KEY:** 0001651562
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-PREPACKAGED SOFTWARE [7372]
- **IRS NUMBER:** 453560292
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** S-8
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-269960
- **FILM NUMBER:** 23660568

**BUSINESS ADDRESS:**
- **STREET 1:** 381 E. EVELYN AVE.
- **CITY:** MOUNTAIN VIEW
- **STATE:** CA
- **ZIP:** 94041
- **BUSINESS PHONE:** 6509639884

**MAIL ADDRESS:**
- **STREET 1:** 381 E. EVELYN AVE.
- **CITY:** MOUNTAIN VIEW
- **STATE:** CA
- **ZIP:** 94041

**As filed with the Securities and Exchange Commission on February 23, 2023** 

**Registration No. 333-** 

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**UNITED STATES** 

**SECURITIES AND EXCHANGE COMMISSION** 

**Washington, D.C. 20549** 

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**FORM S-8** 

**REGISTRATION STATEMENT** 

***UNDER***

***THE SECURITIES ACT OF 1933***

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## COURSERA, INC.
**(Exact name of registrant as specified in its charter)** 

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---

| | |
|:---|:---|
| **Delaware** | **45-3560292** |
| **(State or other jurisdiction of**<br> **incorporation or organization)** | **(I.R.S. Employer**<br> **Identification No.)** |
| **381 E. Evelyn Ave.**<br> **Mountain View, California** | **94041** |
| **(Address of principal executive offices)** | **(Zip Code)** |

---

**Coursera, Inc. 2021 Stock Incentive Plan** 

**Coursera, Inc. 2021 Employee Stock Purchase Plan** 

**(Full titles of the plans)** 

**Jeffrey N. Maggioncalda** 

**President and Chief Executive Officer** 

**381 E. Evelyn Ave.** 

**Mountain View, California 94041** 

**(Name and address of agent for service)** 

**(650) 963-9884** 

**(Telephone number, including area code, of agent for service)** 

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***Copies to:***

**Davina K. Kaile, Esq.** 

**Pillsbury Winthrop Shaw Pittman LLP** 

**2550 Hanover Street** 

**Palo Alto, California 94304** 

**(650) 233-4500** 

**(650) 233-4545 facsimile** 

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Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.

---

| | | | |
|:---|:---|:---|:---|
| Large accelerated filer | ☑ | Accelerated filer | ☐ |
| Non-accelerated filer | ☐ | Smaller reporting company | ☐ |
|  |  | Emerging growth company | ☐ |

---

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. . ☐

**The Registration Statement shall become effective upon filing in accordance with Rule 462 under the Securities Act.** 

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**PART I** 

**INFORMATION REQUIRED IN THE PROSPECTUS** 

**General Instruction E Information** 

Pursuant to General Instruction E to Form S-8, this Registration Statement is being filed with the U.S. Securities and Exchange Commission (the "Commission") for the purpose of increasing the number of securities of the same class as other securities for which certain Registration Statements on Form S-8 relating to the same employee benefit plans are effective. Specifically, this Registration Statement is being filed to register (i) 7,396,783 additional shares of common stock of Coursera, Inc. (the "Registrant") for issuance under the Coursera, Inc. 2021 Stock Incentive Plan and (ii) 1,479,356 additional shares of common stock of the Registrant for issuance under the Coursera, Inc. 2021 Employee Stock Purchase Plan, pursuant to the provisions of such plans that provide for automatic annual increases in the number of shares reserved for issuance thereunder. This Registration Statement hereby incorporates by reference the contents of the Registrant's Registration Statements on Form S-8 filed with the Commission on March 31, 2021 ([File No. 333-254939](http://www.sec.gov/Archives/edgar/data/1651562/000119312521102646/d120035ds8.htm)) and March 3, 2022 ([File No. 333-263273](http://www.sec.gov/Archives/edgar/data/1651562/000119312522064493/d321124ds8.htm)), excluding reports that the Registrant filed with the Commission that were incorporated into such Registration Statement to maintain current information about the Registrant, pursuant to General Instruction E to Form S-8.

**PART II** 

**INFORMATION REQUIRED IN THE REGISTRATION STATEMENT** 

**Item 3.** **Incorporation of Documents by Reference.** <br>

The following documents filed by the Registrant with the Commission are hereby incorporated by reference in this Registration Statement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The Registrant's Annual Report on [Form 10-K](http://www.sec.gov/Archives/edgar/data/../../../ix?doc=/Archives/edgar/data/1651562/000095017023004143/cour-20221231.htm) for the year ended December 31, 2022, filed on February 23, 2023;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The Registrant's Current Report on Form 8-K, filed on [January 9, 2023](http://www.sec.gov/Archives/edgar/data/../../../ix?doc=/Archives/edgar/data/0001651562/000119312523004876/d124907d8k.htm) (to the extent filed and not furnished); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) The description of the Registrant's common stock set forth in [Exhibit 4.2](http://www.sec.gov/Archives/edgar/data/1651562/000095017022002807/cour-ex4_2.htm) of the Registrant's Annual Report on Form 10-K for the year ended December 31, 2021, filed March 3, 2022, together with amendments or reports filed with the Commission for the purpose
of updating such description.

In addition, all documents filed by the Registrant pursuant to Sections 13(a), 13(c), 14, or 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act") (excluding any portions thereof furnished by the Registrant, including, but not limited to, information furnished under Item 2.02 and Item 7.01 and any exhibits relating to Item 2.02 or Item 7.01 furnished under Item 9.01 of Form 8-K and any certification required by 18 U.S.C. § 1350), subsequent to the filing of this Registration Statement and prior to the filing of a post-effective amendment, which indicates that all securities offered hereby have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference into this Registration Statement and to be a part hereof from the date of filing of such documents.

Any statement contained in this Registration Statement or in a document incorporated or deemed to be incorporated by reference in this Registration Statement shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained in this Registration Statement or in any subsequently filed document that also is deemed to be incorporated by reference in this Registration Statement modifies or supersedes such statement.

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**Item 8.** **Exhibits.** <br>

---

| | |
|:---|:---|
| Exhibit No. | Description |
| 4.1 | [Form of Common Stock Certificate (incorporated by reference to Exhibit 4.1 to the Registrant's Registration Statement on Form S-1 (Registration No. 333-253932), as declared effective by the Commission on March 30, 2021).](http://www.sec.gov/Archives/edgar/data/1651562/000119312521071525/d65490dex41.htm) |
| 5.1 | [Opinion of Pillsbury Winthrop Shaw Pittman LLP.](d453649dex51.htm) |
| 23.1 | [Consent of Deloitte & Touche LLP, independent registered public accounting firm.](d453649dex231.htm) |
| 23.2 | [Consent of Pillsbury Winthrop Shaw Pittman LLP (included in Exhibit 5.1).](d453649dex51.htm) |
| 24.1 | [Power of Attorney (contained on the signature page hereto).](#sig) |
| 99.1 | [Coursera, Inc. 2021 Stock Incentive Plan and Forms of Stock Option Agreement, Notice of Exercise, Stock Option Grant Notice, Restricted Stock Unit Agreement, and Restricted Stock Agreement thereunder (incorporated by reference to Exhibit 10.1 to the Registrant's Quarterly Report on Form 10-Q (File No. 001-40275), filed with the Commission on May 11, 2021 (the "Form 10-Q")).](http://www.sec.gov/Archives/edgar/data/1651562/000095017021000180/cour-20210331-ex10_1.htm) |
| 99.2 | [Coursera, Inc. 2021 Employee Stock Purchase Plan (incorporated by reference to Exhibit 10.2 to the Form 10-Q).](http://www.sec.gov/Archives/edgar/data/1651562/000095017021000180/cour-20210331-ex10_2.htm) |
| 107 | [Filing Fee Table.](d453649dexfilingfees.htm) |

---

**Item 9.** **Undertakings.** <br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The undersigned Registrant hereby undertakes:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) to include any prospectus required by Section 10(a)(3) of the Securities Act;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) to reflect in the prospectus any facts or events arising after the effective date of this Registration Statement (or the most recent post-effective amendment hereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in this Registration Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than 20% change in the maximum aggregate offering price set forth in the "Calculation of Registration Fee" table in the effective registration statement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) to include any material information with respect to the plan of distribution not previously disclosed in this Registration Statement or any material change to such information in this Registration Statement;

------

provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in periodic reports filed with or furnished to the Commission by the Registrant pursuant to Section 13 or Section 15(d) of the Exchange Act that are incorporated by reference in the Registration Statement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan's annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in this Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.

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**SIGNATURES** 

Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8, and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Mountain View, California, on the 23rd day of February, 2023.

---

| | |
|:---|:---|
|  **COURSERA, INC.** | **COURSERA, INC.** |
|  By: | /s/ Jeffrey N. Maggioncalda |
|  | Jeffrey N. Maggioncalda |
|  | President and Chief Executive Officer |

---

**POWER OF ATTORNEY** 

KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Jeffrey N. Maggioncalda and Kenneth R. Hahn, and each of them, his or her true and lawful attorneys-in-fact and agents, with full power of substitution and resubstitution, for him and in his name, place and stead, in any and all capacities, to sign any and all amendments (including post-effective amendments) to this registration statement on Form S-8 and to file the same, with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto each of said attorneys-in-fact and agents, full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection therewith, as fully for all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that each of said attorneys-in-facts and agents, or his or her substitute or resubstitute, or any of them, may lawfully do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed below by the following persons in the capacities and on the date indicated.

---

| | | |
|:---|:---|:---|
| **Signature** | **Title** | **Date** |
| /s/ Jeffrey N. Maggioncalda<br> Jeffrey N. Maggioncalda | President, Chief Executive Officer, and Director<br> (*Principal Executive Officer*) | February 23, 2023 |
| /s/ Kenneth R. Hahn<br> Kenneth R. Hahn | Senior Vice President, Chief Financial Officer, and Treasurer *(Principal Financial Officer)* | February 23, 2023 |
| /s/ Michele M. Meyers<br> Michele M. Meyers | Vice President, Accounting and Chief Accounting Officer *(Principal Accounting Officer)* | February 23, 2023 |
| /s/ Andrew Y. Ng<br> Andrew Y. Ng | Chairman | February 23, 2023 |
| /s/ Carmen Chang<br> Carmen Chang | Director | February 23, 2023 |
| /s/ Amanda M. Clark<br> Amanda M. Clark | Director | February 23, 2023 |
| /s/ Christopher D. McCarthy<br> Christopher D. McCarthy | Director | February 23, 2023 |
| /s/ Theodore R. Mitchell<br> Theodore R. Mitchell | Director | February 23, 2023 |
| /s/ Scott D. Sandell<br> Scott D. Sandell | Director | February 23, 2023 |
| /s/ Sabrina L. Simmons<br> Sabrina L. Simmons | Director | February 23, 2023 |

---

## Exhibit 5.1

EXHIBIT 5.1

Pillsbury Winthrop Shaw Pittman LLP

2550 Hanover Street

Palo Alto, CA 94304

February 23, 2023

Coursera, Inc.

381 E. Evelyn Ave.

Mountain View, California 94041

Ladies and Gentlemen:

We are acting as counsel for Coursera, Inc., a Delaware public benefit corporation (the "Company"), in connection with the Registration Statement on Form S-8 (the "Registration Statement") filed by the Company with the Securities and Exchange Commission (the "Commission") under the Securities Act of 1933 (the "Act") relating to the registration of 8,876,139 shares (the "Shares") of the Company's common stock, $0.00001 par value per share, issuable pursuant to the Company's 2021 Stock Incentive Plan and 2021 Employee Stock Purchase Plan (collectively, the "Plans").

We have reviewed the Registration Statement, the Plans, and such other documents, records, certificates, and other materials, and have reviewed and are familiar with such corporate proceedings and satisfied ourselves as to such other matters, as we have considered relevant or necessary as a basis for our opinions set forth in this letter. In such review, we have assumed the accuracy and completeness of all agreements, documents, records, certificates, and other materials submitted to us, the conformity with the originals of all such materials submitted to us as copies (whether or not certified and including facsimiles), the authenticity of the originals of such materials and all materials submitted to us as originals, the genuineness of all signatures and the legal capacity of all natural persons.

On the basis of the assumptions and subject to the qualifications and limitations set forth herein, we are of the opinion that the Shares have been duly authorized and, when issued and sold in accordance with the Plans, will be validly issued, fully paid, and nonassessable.

Our opinions set forth in this letter are limited to the General Corporation Law of the State of Delaware, as in effect on the date hereof.

We hereby consent to the filing of this letter as Exhibit 5.1 to the Registration Statement. In giving this consent, we do not thereby admit that we are within the category of persons whose consent is required under Section 7 of the Act or the rules and regulations of the Commission thereunder.

Very truly yours,

/s/ Pillsbury Winthrop Shaw Pittman LLP

## Exhibit 23.1

**Exhibit 23.1** 

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We consent to the incorporation by reference in this Registration Statement on Form S-8 of our reports dated February 23, 2023, relating to the financial statements of Coursera, Inc. (the "Company") and the effectiveness of the Company's internal control over financial reporting, appearing in the Annual Report on Form 10-K of the Company for the year ended December 31, 2022.

/s/ DELOITTE & TOUCHE LLP

San Jose, California

February 23, 2023

## Ex-Filing

**Exhibit 107** 

**Calculation of Filing Fee Tables** 

**S-8** 

(Form Type)

**Coursera, Inc.** 

(Exact Name of Registrant as Specified in its Charter)

<u>Table 1: Newly Registered Securities</u> 

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Security <br>Type | Security<br> Class<br> Title | Fee<br>Calculation<br>Rule | Amount<br>Registered (1) | Proposed<br>Maximum<br>Offering<br>Price Per<br>Unit | Maximum<br> Aggregate<br> Offering<br> Price | Fee<br> Rate | Amount of<br>Registration<br>Fee |
| &nbsp;&nbsp;&nbsp;Fees to be Paid | Equity | Common Stock, $0.00001 par value per share |  |  |  |  |  |  |
|  |  | To be issued under the Coursera, Inc. 2021 Stock Incentive Plan | 457(h), 457(c) | 7396783 | $12.87(2) | $95196597.21 | $0.0001102 | $10490.67 |
|  |  | To be issued under the Coursera, Inc. 2021 Employee Stock Purchase Plan | 457(h), 457(c) | 1479356 | $10.94(3) | $16183414.97 | $0.0001102 | $1783.42 |
| &nbsp;&nbsp;&nbsp;Carry Forward Securities |  |  |  |  |  |  |  |  |
|  | Total Offering Amounts | Total Offering Amounts | Total Offering Amounts | Total Offering Amounts |  | $111380012.18 |  | $12274.09 |
|  | Total Fees Already Paid | Total Fees Already Paid | Total Fees Already Paid | Total Fees Already Paid |  |  |  |  |
|  | Total Fee Offsets | Total Fee Offsets | Total Fee Offsets | Total Fee Offsets |  |  |  |  |
|  | Net Fee Due | Net Fee Due | Net Fee Due | Net Fee Due |  |  |  | $12274.09 |

---

(1) Pursuant to Rule 416(a) of the Securities Act of 1933 (the "Securities Act"), this registration
statement also covers any additional securities that may be offered or become issuable under the Coursera, Inc. 2021 Stock Incentive Plan (the "Stock Plan") or the Coursera, Inc. 2021 Employee Stock Purchase Plan (the "ESPP") in
connection with any stock split, stock dividend, recapitalization or any other similar transaction effected without receipt of consideration, which results in an increase in the number of the Registrant's outstanding shares of common stock.

(2) Estimated in accordance with Rules 457(c) and (h) under the Securities Act solely for the purposes of
calculating the registration fee, based on the average of the high and low prices of the Registrant's common stock as reported on the New York Stock Exchange on February 22, 2023.

(3) Estimated in accordance with Rule 457(c) and (h) under the Securities Act solely for the purpose of
calculating the registration fee on the basis of 85% of the average of the high and low prices of the Registrant's common stock as reported on the New York Stock Exchange on February 22, 2023. Pursuant to the ESPP, the purchase price of
common stock will be at least 85% of the lower of the fair market value of the common stock on the first trading day of the offering period or on the exercise date.