Nathan J. Schultz - Jun 1, 2024 Form 4 Insider Report for CHEGG, INC (CHGG)

Role
CEO and President, Director
Signature
/s/ Nathan J. Schultz by Woodie Dixon, Jr., Attorney-in-Fact
Stock symbol
CHGG
Transactions as of
Jun 1, 2024
Transactions value $
$0
Form type
4
Date filed
6/4/2024, 06:28 PM
Previous filing
Mar 14, 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 +413K +138.67% $0.00 710K Jun 1, 2024 Direct F1, F2
holding CHGG Common Stock 162K Jun 1, 2024 Schultz Family Trust F3
* 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 will vest over a 3-year period with 1/3 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 The Reporting Person is a Co-Trustee.