SEC Form 4 · accession 0001364954-17-000194
CHEGG, INC · CHGG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel Rosensweig
Officer — PRESIDENT, CEO & CHAIRMAN · Director
Period of report
Nov 7, 2017
Accepted (ET)
Nov 13, 2017 · 9:17 am 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 StockF2,F3 | Nov 7, 2017 | S | 195,000 | $14.02 | D | 2,412,689 | D | |
| Common StockF4 | Nov 7, 2017 | S | 5,000 | $14.38 | D | 2,407,689 | D | |
| Common StockF5 | holding | — | — | — | 69,346 | I | See footnote | |
| Common Stock | holding | — | — | — | 7,166 | I | By The Samantha Rosensweig 2007 Irrevocable Trust U/A/D 03-12-07 | |
| Common Stock | holding | — | — | — | 7,166 | I | By The Rachel Rosensweig 2007 Irrevocable Trust U/A/D 03-12-07 |
Table II — derivative securities
No Table II lines on this filing.
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 August 7,2017.
- F2This transaction was executed in multiple trades at prices ranging from $13.76 to $14.60; 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.
- F3Includes 3,180 shares acquired under the Issuer's 2013 Employee Stock Purchase Plan on May 15, 2017.
- F4This transaction was executed in multiple trades at prices ranging from $14.29 to $14.61; 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.
- F5Held by Daniel L and Linda Rosensweig, Co-Trustees of the Rosensweig Family Revocable Trust U/A/D 03-12-07. The Reporting Person is a Co-Trustee.