SEC Form 4 · accession 0001364954-18-000028
CHEGG, INC · CHGG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael A. Osier
Officer — CHIEF OUTCOMES OFFICER
Period of report
Feb 13, 2018
Accepted (ET)
Feb 14, 2018 · 7:44 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 Stock | Feb 13, 2018 | M | 24,305 | $7.875 | A | 606,207 | D | |
| Common Stock | Feb 13, 2018 | S | 24,305 | $17.95 | D | 581,902 | D | |
| Common Stock | Feb 13, 2018 | M | 22,361 | $7.875 | A | 604,263 | D | |
| Common Stock | Feb 13, 2018 | S | 22,361 | $18.88 | D | 581,902 | D | |
| Common Stock | Feb 13, 2018 | S | 14,396 | $17.94 | D | 567,506 | D | |
| Common Stock | Feb 13, 2018 | S | 46,574 | $18.99 | D | 520,932 | D |
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)F3 | $7.875 | Feb 13, 2018 | M | 24,305 | D | — | Feb 23, 2022 | Common Stock | 24,305 | 0 | D |
| Employee Stock Option (right to buy)F3 | $7.875 | Feb 13, 2018 | M | 22,361 | D | — | Feb 23, 2022 | Common Stock | 22,361 | 0 | D |
Explanation of responses
- F1The exercise of options and sale of the resultant shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 7, 2017.
- F2The 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.
- F3The stock option grant is fully vested.