Nathan J. Schultz - Mar 28, 2022 Form 4 Insider Report for CHEGG, INC (CHGG)

Role
PRESIDENT OF LEARNING SERVICES
Signature
/s/ Nathan J. Schultz by Woodie Dixon, Jr., Attorney-in-Fact
Stock symbol
CHGG
Transactions as of
Mar 28, 2022
Transactions value $
$0
Form type
4
Date filed
3/30/2022, 05:06 PM
Previous filing
Mar 3, 2022
Next filing
Jun 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHGG Common Stock Award $0 +76.8K +37.55% $0.00 281K Mar 28, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted stock units ("RSU"). Each RSU represents a contingent right to receive one share of common stock of the Issuer upon vesting. The RSU will vest over a 3-year period with 1/3 vesting on March 12, 2023 and then the remaining shares vesting in equal quarterly installments thereafter for 24 months.