SEC Form 4 · accession 0001364954-18-000212
CHEGG, INC · CHGG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Andrew J Brown
Officer — CHIEF FINANCIAL OFFICER
Period of report
Dec 12, 2018
Accepted (ET)
Dec 14, 2018 · 7:27 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 | May 31, 2018 | G | 15,000 | $0.00 | D | 584,097 | D | |
| Common Stock | Dec 12, 2018 | M | 22,421 | $7.875 | A | 606,518 | D | |
| Common Stock | Dec 12, 2018 | M | 33,931 | $7.875 | A | 640,449 | D | |
| Common Stock | Dec 12, 2018 | S | 56,352 | $30.083 | D | 584,097 | D | |
| Common StockF2,F3 | holding | — | — | — | 17,117 | I | By Andy and Pam Brown Family Trust |
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 | $7.875 | Dec 12, 2018 | M | 22,421 | D | — | Nov 1, 2021 | Common Stock | 22,421 | 0 | D |
| Employee Stock Option (right to buy)F4 | $7.875 | Dec 12, 2018 | M | 33,931 | D | — | Nov 1, 2021 | Common Stock | 33,931 | 137,418 | 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 2, 2018.
- F2The Reporting Person no longer has a reportable beneficial interest in 5,000 shares of CHGG common stock owned by his son and included in the reporting person's prior ownership reports.
- F3The Reporting Person is a Co-Trustee.
- F4The stock option grant is fully vested.