SEC Form 4 · accession 0001364954-18-000120
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
May 7, 2018
Accepted (ET)
May 8, 2018 · 7:40 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 | May 7, 2018 | M | 200,000 | $12.50 | A | 822,871 | D | |
| Common Stock | May 7, 2018 | S | 200,000 | $24.33 | D | 622,871 | 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)F2 | $12.50 | May 7, 2018 | M | 200,000 | D | — | Nov 11, 2023 | Common Stock | 200,000 | 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 stock option grant is fully vested.