Filing Details
- Accession Number:
- 0001364954-19-000163
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-06-21 19:38:47
- Reporting Period:
- 2019-06-20
- Accepted Time:
- 2019-06-21 19:38:47
- SEC Url:
- Form 4 Filing
Issuer
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 | 2019-06-20 | 100,000 | $12.50 | 2,322,754 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2019-06-20 | 100,000 | $39.85 | 2,222,754 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2019-06-20 | 50,000 | $12.50 | 2,272,754 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2019-06-20 | 50,000 | $39.85 | 2,222,754 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2019-06-20 | 10,000 | $7.88 | 10,000 | No | 4 | M | Indirect | See footnote. |
| Common Stock | Disposition | 2019-06-20 | 10,000 | $39.97 | 0 | No | 4 | S | Indirect | See footnote. |
| Common Stock | Acquisiton | 2019-06-20 | 5,000 | $7.88 | 5,000 | No | 4 | M | Indirect | See footnote. |
| Common Stock | Disposition | 2019-06-20 | 5,000 | $40.05 | 0 | No | 4 | S | Indirect | See footnote. |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Indirect | See footnote. |
| No | 4 | S | Indirect | See footnote. |
| No | 4 | M | Indirect | See footnote. |
| No | 4 | S | Indirect | See footnote. |
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 | 2019-06-20 | 100,000 | $0.00 | 100,000 | $12.50 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2019-06-20 | 50,000 | $0.00 | 50,000 | $12.50 |
| Common Stock | Non-qualified Stock Option (right to buy) | Disposition | 2019-06-20 | 10,000 | $0.00 | 10,000 | $7.88 |
| Common Stock | Non-qualified Stock Option (right to buy) | Disposition | 2019-06-20 | 5,000 | $0.00 | 5,000 | $7.88 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 431,073 | 2023-11-11 | No | 4 | M | Direct | |
| 381,073 | 2023-11-11 | No | 4 | M | Direct | |
| 13,251 | 2020-02-03 | No | 4 | M | Indirect | |
| 8,251 | 2020-02-03 | No | 4 | M | Indirect |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 69,346 | Indirect | See footnote |
Footnotes
- 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.
- This transaction was executed in multiple trades at prices ranging from $39.41 to $40.64; 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.
- This transaction was executed in multiple trades at prices ranging from $39.43 to $40.60; 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.
- 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 Daniel Lee Rosensweig and Linda Rosensweig, Co-Trustees of The Rosensweig 2012 Irrevocable Children's Trust u/a/d 11/6/2012 on February 14, 2019.
- Held by Daniel L and Linda Rosensweig, Co-Trustees of The Rosensweig 2012 Irrevocable Children's Trust u/a/d 11/6/2012. The Reporting Person is a Co-Trustee.
- This transaction was executed in multiple trades at prices ranging from $39.43 to $40.61; 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.
- This transaction was executed in multiple trades at prices ranging from $39.70 to $40.61; 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.
- 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.
- The stock option grant is fully vested.
- The stock option will vest as to 33% of the total number of shares on November 12, 2014, and thereafter shall vest as to 1/24 of the remaining shares in equal monthly installments, until such time as the option is 100%, vested subject to the continuing employment of the Reporting Person on each vesting date.
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