SEC Form 4 · accession 0001364954-19-000006
CHEGG, INC · CHGG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew J Brown
Officer — CHIEF FINANCIAL OFFICER
Period of report
Jan 7, 2019
Accepted (ET)
Jan 9, 2019 · 5:30 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 7, 2019 | M | 21,048 | $7.875 | A | 605,145 | D | |
| Common Stock | Jan 7, 2019 | S | 21,048 | $30.32 | D | 584,097 | D | |
| Common StockF2 | 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)F3 | $7.875 | Jan 7, 2019 | M | 21,048 | D | — | Nov 1, 2021 | Common Stock | 21,048 | 93,770 | 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 is a Co-Trustee.
- F3The stock option grant is fully vested.