Nathan J. Schultz - Jun 12, 2024 Form 4 Insider Report for CHEGG, INC (CHGG)

Role
CEO and President, Director
Signature
/s/ Woodie H. Dixon, Jr., Attorney-in-Fact for Nathan J. Schultz
Stock symbol
CHGG
Transactions as of
Jun 12, 2024
Transactions value $
-$39,647
Form type
4
Date filed
6/14/2024, 05:46 PM
Previous filing
Jun 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHGG Common Stock Tax liability -$29K -8.46K -1.19% $3.43 702K Jun 12, 2024 Direct F1
transaction CHGG Common Stock Tax liability -$10.6K -3.1K -0.44% $3.43 698K Jun 12, 2024 Direct F2
holding CHGG Common Stock 162K Jun 12, 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 Exempt transaction pursuant to Section 16b-3(e) payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were automatically withheld by the Issuer in accordance with the agreement governing the restricted stock units ("RSUs") to satisfy federal and state tax withholding obligations of the Reporting Person resulting from the vesting and settlement of RSUs. The Reporting Person did not sell any of the shares reported on this Form 4 item; such shares were cancelled by the Issuer in accordance with the foregoing.
F2 Exempt transaction pursuant to Section 16b-3(e) payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were automatically withheld by the Issuer in accordance with the agreement governing the performance stock units ("PSUs") to satisfy federal and state tax withholding obligations of the Reporting Person resulting from the vesting and settlement of the PSUs. The Reporting Person did not sell any of the shares reported on this Form 4 item; such shares were cancelled by the Issuer in accordance with the foregoing.
F3 The Reporting Person is a Co-Trustee.