Filing Details

Accession Number:
0001209191-13-053453
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-11-20 20:58:43
Reporting Period:
2013-11-18
Filing Date:
2013-11-20
Accepted Time:
2013-11-20 20:58:43
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1364954 Chegg Inc CHGG Services-Educational Services (8200) 203237489
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1234658 Daniel Rosensweig C/O Chegg, Inc
3990 Freedom Cir
Santa Clara CA 95054
President, Ceo & Chairman Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2013-11-18 151,862 $0.00 656,862 No 4 A Direct
Common Stock Disposition 2013-11-18 27,780 $9.00 629,082 No 4 F Direct
Common Stock Acquisiton 2013-11-18 500 $12.50 7,166 No 4 P Indirect By The Rachel Rosensweig 2007 Irrevocable Trust U/A/D 03-12-07
Common Stock Acquisiton 2013-11-18 500 $12.50 7,166 No 4 P Indirect By The Samantha Rosensweig 2007 Irrevocable Trust U/A/D 03-12-07
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 F Direct
No 4 P Indirect By The Rachel Rosensweig 2007 Irrevocable Trust U/A/D 03-12-07
No 4 P Indirect By The Samantha Rosensweig 2007 Irrevocable Trust U/A/D 03-12-07
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (right to buy) Acquisiton 2013-11-18 314,407 $0.00 314,407 $12.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
314,407 2023-11-11 No 4 A Direct
Footnotes
  1. Represents an award of restricted stock units ("RSUs", and each an "RSU") that is settled solely by the delivery of shares of the Issuer's common stock that was granted under the Issuer's Designated IPO Equity Incentive Program on the effective date of the Issuer's initial public offering of common stock (the "IPO"), contingent upon the closing of the IPO. The IPO closed on November 18, 2013.
  2. Represents shares of common stock withheld for payment of tax liability arising from the immediately vested portion of the RSU reported on this Form 4.
  3. Represents shares of common stock purchased in connection with the Issuer's IPO pursuant to its Directed Share Program.
  4. The option was granted under the Issuer's Designated IPO Equity Incentive Program on the effective date of the IPO, contingent upon the closing of the IPO. Upon the closing of the IPO on November 18, 2013, 153,079 shares subject to the option vested and became immediately exercisable. Thereafter, an additional 101,712 shares subject to the option shall vest and become exercisable in equal monthly installments over the 12 months following the grant date on November 12, 2013, an additional 32,388 shares subject to the option shall vest and become exercisable in equal monthly installments over the next 12 months thereafter, and the remaining 27,228 shares subject to the option shall vest and become exercisable in equal monthly installments over the next 12 months thereafter, until such time as the option is fully vested, subject to the continuing employment of the Reporting Person on each vesting date.