SEC Form 4 · accession 0001364954-18-000191
CHEGG, INC · CHGG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jenny Brandemuehl
Officer — CHIEF PEOPLE OFFICER
Period of report
Oct 1, 2018
Accepted (ET)
Oct 3, 2018 · 5:06 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 | Oct 1, 2018 | M | 17,869 | $12.50 | A | 516,962 | D | |
| Common Stock | Oct 1, 2018 | M | 7,131 | $12.50 | A | 524,093 | D | |
| Common Stock | Oct 1, 2018 | S | 25,000 | $28.50 | D | 499,093 | D | |
| Common Stock | Oct 1, 2018 | S | 50,000 | $28.50 | D | 449,093 | 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 | $12.50 | Oct 1, 2018 | M | 17,869 | D | — | Nov 11, 2023 | Common Stock | 17,869 | 0 | D |
| Employee Stock Option (right to buy)F3 | $12.50 | Oct 1, 2018 | M | 7,131 | D | — | Nov 11, 2023 | Common Stock | 7,131 | 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 February 15, 2018.
- F2The sale of shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 15, 2018.
- F3The stock option grant is fully vested.