Nathan J. Schultz - 03 Jan 2023 Form 4 Insider Report for CHEGG, INC (CHGG)

Role: Chief Operating Officer
Signature: /s/ Nathan J. Schultz by Woodie Dixon, Jr., Attorney-in-Fact
Issuer symbol: CHGG
Transactions as of: 03 Jan 2023
Net transactions value: -$633,745
Form type: 4
Filing time: 05 Jan 2023, 16:15:07 UTC
Previous filing: 05 Dec 2022
Next filing: 03 Feb 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	Sale	$633,745	-25,000	-9.5%	$25.35	237,500	03 Jan 2023	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	The sales reported in this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 10, 2022.
F2	The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $25.09 to $25.72 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Content

The sales reported in this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 10, 2022.

The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $25.09 to $25.72 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.