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
- 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.
- 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.
- Represents shares of common stock purchased in connection with the Issuer's IPO pursuant to its Directed Share Program.
- 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.