Andrew J. Brown - 01 Dec 2022 Form 4 Insider Report for CHEGG, INC (CHGG)

Role: CHIEF FINANCIAL OFFICER
Signature: /s/ Woodie H. Dixon Jr., Attorney-in-Fact for Andrew J. Brown
Issuer symbol: CHGG
Transactions as of: 01 Dec 2022
Net transactions value: -$197,720
Form type: 4
Filing time: 05 Dec 2022, 16:37:36 UTC
Previous filing: 06 Sep 2022
Next filing: 03 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CHGG	Common Stock	Tax liability	$85,456	-2,888	-1.2%	$29.59	234,670	01 Dec 2022	Direct	F1, F2
transaction	CHGG	Common Stock	Tax liability	$112,264	-3,794	-1.6%	$29.59	230,876	01 Dec 2022	Direct	F3
holding	CHGG	Common Stock						108,843	01 Dec 2022	By Andy and Pam Brown Family Trust	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Exempt transaction pursuant to Section 16b-3(e) payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were automatically withheld by the Issuer in accordance with the agreement governing the restricted stock units ("RSUs") to satisfy federal and state tax withholding obligations of the Reporting Person resulting from the vesting and settlement of RSUs. The Reporting Person did not sell any of the shares reported on this Form 4 item; such shares were cancelled by the Issuer in accordance with the foregoing.
F2	Includes 1,334 shares acquired under the 2013 Chegg, Inc. Employee Stock Purchase Plan (ESPP) on November 15, 2022.
F3	Exempt transaction pursuant to Section 16b-3(e) payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were automatically withheld by the Issuer in accordance with the agreement governing the performance stock units ("PSUs") to satisfy federal and state tax withholding obligations of the Reporting Person resulting from the vesting and settlement of the PSUs. The Reporting Person did not sell any of the shares reported on this Form 4 item; such shares were cancelled by the Issuer in accordance with the foregoing.
F4	The Reporting Person is a Co-Trustee.