Filing Details

Accession Number:
0001364954-20-000047
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-02-21 20:01:33
Reporting Period:
2020-02-20
Accepted Time:
2020-02-21 20:01:33
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1364954 Chegg Inc CHGG () 4
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 & Co-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 2020-02-20 48,669 $6.92 2,292,876 No 4 M Direct
Common Stock Disposition 2020-02-20 48,669 $40.64 2,244,207 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (right to buy) Disposition 2020-02-20 48,669 $0.00 48,669 $6.92
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2022-11-06 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 48,842 Indirect See footnote
Footnotes
  1. The 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 14, 2019.
  2. 20,504 shares have been incorrectly reported as indirectly held by the Rosensweig Family Revocable Trust between February 21, 2014 and the last Form 4 filed on January 23, 2020. The 20,504 shares were directly held by Daniel Rosensweig and this Form 4 reflects the correct share allocation between Daniel Rosensweig and the Rosensweig Family Revocable Trust.
  3. This transaction was executed in multiple trades at prices ranging from $40.13 to $40.96; the price reported above reflects the weighted average sale price. The reporting person will provide to the Commission, the issuer and any stockholder, upon request, full information regarding the number of shares and prices at which the transactions were effected.
  4. Held by Daniel L and Linda Rosensweig, Co-Trustees of the Rosensweig Family Revocable Trust U/A/D 03-12-07. The Reporting Person is a Co-Trustee.
  5. The stock option grant is fully vested.