SEC Form 4 · accession 0001144204-15-013209
CHEGG, INC · CHGG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Feb 26, 2015
Accepted (ET)
Mar 2, 2015 · 2:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001364954
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 26, 2014 | S | 177,835 | $8.2554 | D | 10,322,163 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.10 to $8.52, inclusive. The reporting persons undertake to provide to the SEC, Chegg, Inc., or any securityholder of Chegg, Inc., upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 1.
- F2The shares are directly held by Ace Ltd. The voting and dispositive control over the shares is held by Richard Li Tzar Kai, the sole stockholder of Ace Limited through Ace Holdings Management Limited.
Remarks
Ace Limited and Ace Holdings Management Limited and their respective directors and stockholders disclaim beneficial ownership of these shares except to the extent of any pecuniary interest therein, and the filing of this report is not an admission that any of them is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.