Daniel Rosensweig - 28 Mar 2022 Form 4 Insider Report for CHEGG, INC (CHGG)

Role
PRESIDENT, CEO & CO-CHAIRMAN, Director
Signature
/s/ Woodie H. Dixon Jr., Attorney-in-Fact for Daniel Rosensweig
Issuer symbol
CHGG
Transactions as of
28 Mar 2022
Net transactions value
$0
Form type
4
Filing time
30 Mar 2022, 17:19:30 UTC
Previous filing
03 Mar 2022
Next filing
18 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHGG Common Stock Award $0 +153,545 +9.3% $0.000000 1,804,764 28 Mar 2022 Direct F1
holding CHGG Common Stock 49,000 28 Mar 2022 See footnote. F2
holding CHGG Common Stock 24,842 28 Mar 2022 See footnote. F3
* 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.
F2 Held by The Rosensweig Family Revocable Trust U/A/D 03-12-07 where the Reporting Person is a Co-Trustee.
F3 Held by The Rosensweig 2012 Irrevocable Children's Trust U/A/D 11-06-12. The Reporting Person is a Co-Trustee.