Daniel Rosensweig - Jun 1, 2024 Form 4 Insider Report for CHEGG, INC (CHGG)

Role
EXECUTIVE CHAIRMAN, Director
Signature
/s/ Woodie H. Dixon Jr., Attorney-in-Fact for Daniel Rosensweig
Stock symbol
CHGG
Transactions as of
Jun 1, 2024
Transactions value $
$0
Form type
4
Date filed
6/4/2024, 06:27 PM
Previous filing
Apr 19, 2024
Next filing
Jun 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHGG Common Stock Award $0 +281K +15.4% $0.00 2.11M Jun 1, 2024 Direct F1, F2
holding CHGG Common Stock 25K Jun 1, 2024 See footnote. F3
holding CHGG Common Stock 48.8K Jun 1, 2024 See footnote. F4
* 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 award will vest over a 3-year period with 50% vesting on June 12, 2025, and then the remaining shares vesting in 8 equal quarterly installments thereafter, subject to recipient's continued service up to and through each vesting date.
F2 Includes 2,413 shares acquired under the Amended and Restated 2013 Chegg, Inc. Employee Stock Purchase Plan (ESPP) on May 15, 2024.
F3 Held by The Rosensweig Family Revocable Trust U/A/D 03-12-07 where the Reporting Person is a Co-Trustee.
F4 Held by The Rosensweig 2012 Irrevocable Children's Trust U/A/D 11-06-12 where the Reporting Person is a Co-Trustee.