SEC Form 4 · accession 0001364954-17-000174
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
Sep 1, 2017
Accepted (ET)
Sep 6, 2017 · 6:15 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 Stock | Sep 1, 2017 | M | 31,968 | $1.875 | A | 543,468 | D | |
| Common Stock | Sep 1, 2017 | M | 38,332 | $1.875 | A | 581,800 | D | |
| Common StockF2 | Sep 1, 2017 | S | 70,300 | $13.84 | D | 511,500 | D | |
| Common StockF3 | holding | — | — | — | 32,813 | I | see footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F4 | $1.875 | Sep 1, 2017 | M | 31,968 | D | — | Jul 21, 2019 | Common Stock | 31,968 | 81,970 | D |
| Employee Stock Option (right to buy)F4 | $1.875 | Sep 1, 2017 | M | 38,332 | D | — | Jul 21, 2019 | Common Stock | 38,332 | 150,000 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 21, 2017.
- F2This transaction was executed in multiple trades at prices ranging from $13.64 to $14.23; 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.
- F3Held 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.
- F4The stock option grant is fully vested.