SEC Form 4 · accession 0001364954-16-000402
CHEGG, INC · CHGG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles Geiger
Officer — CHIEF PRODUCT OFFICER
Period of report
Aug 4, 2016
Accepted (ET)
Aug 8, 2016 · 8:43 pm EDT
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 StockF2 | Aug 4, 2016 | S | 11,543 | $6.50 | D | 91,270 | I | see footnote |
| Common StockF3,F2 | Aug 5, 2016 | S | 33,457 | $6.532 | D | 57,813 | I | see footnote |
| Common Stock | holding | — | — | — | 296,731 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were sold by the Geiger Family Trust, to which the reporting person contributed 177,147 shares of CHGG common stock, in a transaction that resulted in a change in form of beneficial ownership from direct to indirect. The trust's sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the trust on February 26, 2016.
- F2Held by Charles F and Julie A Geiger, Co-Trustees of the 2005 Geiger Family Trust U/A/D 07-19-05. The Reporting Person is a Co-Trustee.
- F3This transaction was executed in multiple trades at prices ranging from $6.50 to $6.61; the price reported above reflects the weighted average sale price. The reporting person will provide to the Commission, the issuer and any stockholder, upon request, full information regarding the number of shares and prices at which the transactions were effected.