SEC Form 4 · accession 0001364954-19-000003
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
Jan 2, 2019
Accepted (ET)
Jan 3, 2019 · 6:52 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 | Jan 2, 2019 | M | 25,000 | $7.64 | A | 396,815 | D | |
| Common Stock | Jan 2, 2019 | S | 25,000 | $28.00 | D | 371,815 | D | |
| Common StockF2 | holding | — | — | — | 58,578 | I | See footnote. |
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 | $7.64 | Jan 2, 2019 | M | 25,000 | D | — | Feb 27, 2023 | Common Stock | 25,000 | 82,583 | 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.
- F2Held by Jenny and Mark Brandemuehl, Co-Trustees of the Brandemuehl Family Trust U/A/D 01-05-04. The Reporting Person is a Co-Trustee.
- F3The stock option grant is fully vested.