Marne L. Levine - May 12, 2023 Form 4 Insider Report for CHEGG, INC (CHGG)

Role
Director
Signature
/s/ Woodie H. Dixon Jr., Attorney-in-Fact for Marne L. Levine
Stock symbol
CHGG
Transactions as of
May 12, 2023
Transactions value $
$194,562
Form type
4
Date filed
5/16/2023, 09:21 PM
Previous filing
Feb 17, 2023
Next filing
Jun 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHGG Common Stock Options Exercise $303K +36K +164.8% $8.42 57.9K May 12, 2023 Direct
transaction CHGG Common Stock Other -$109K -11.2K -19.34% $9.71 46.7K May 12, 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CHGG Director Stock Option (right to buy) Options Exercise $0 0 $8.42 0 May 12, 2023 Common Stock 36K $8.42 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The proceeds from the disposition of the common stock were used to pay the exercise price for certain of the director stock options expiring on 5/14/2023.
F2 The stock option grant was fully vested on 5/15/2016.