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

Role
Director
Signature
/s/ Woodie H. Dixon Jr., Attorney-in-Fact for Marne L. Levine
Issuer symbol
CHGG
Transactions as of
12 May 2023
Net transactions value
+$194,562
Form type
4
Filing time
16 May 2023, 21:21:00 UTC
Previous filing
17 Feb 2023
Next filing
12 Jun 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 Options Exercise $303,285 +36,041 +165% $8.42 57,910 12 May 2023 Direct
transaction CHGG Common Stock Other $108,723 -11,197 -19% $9.71 46,713 12 May 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 12 May 2023 Common Stock 36,041 $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.