Andrew J. Brown - 12 Dec 2023 Form 4 Insider Report for CHEGG, INC (CHGG)

Reporting relationship: CHIEF FINANCIAL OFFICER
Issuer ticker: CHGG
Reported as of: 12 Dec 2023
Net transaction value: -$46,705
SEC form: 4
Accepted by SEC: 14 Dec 2023, 17:11:56 UTC
Prior SEC filing: 05 Dec 2023
Source filing: View source filing
Reporting owner signature: /s/ Woodie H. Dixon Jr., Attorney-in-Fact for Andrew J. Brown

Key filing fact

Andrew J. Brown filed Form 4 for CHEGG, INC (CHGG) on 14 Dec 2023.

Key facts

This page summarizes Andrew J. Brown's Form 4 filing for CHEGG, INC (CHGG).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 14 Dec 2023, 17:11.

Change

Previous filing in this sequence was filed on 05 Dec 2023.
Current net transaction value: -$46,705.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CHGG transaction

Common Stock

Tax liability

Transaction value: $33,475
Shares: -3,173
Change %: -1.1%
Price: $10.55
Shares after: 287,721
Date: 12 Dec 2023
Ownership: Direct
Footnotes: F1

CHGG transaction

Common Stock

Tax liability

Transaction value: $13,230
Shares: -1,254
Change %: -0.44%
Price: $10.55
Shares after: 286,467
Date: 14 Dec 2023
Ownership: Direct
Footnotes: F2

CHGG holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 91,922
Date: 12 Dec 2023
Ownership: By Andy and Pam Brown Family Trust
Footnotes: F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote 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.

Footnote 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 agreements governing the 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.

Footnote F3

The Reporting Person is a Co-Trustee.