BUDIG RENEE VARNI 4
4 · CHEGG, INC · Filed Feb 25, 2019
Insider Transaction Report
Form 4
CHEGG, INCCHGG
BUDIG RENEE VARNI
Director
Transactions
- Exercise/Conversion
Common Stock
2019-02-25$6.75/sh+40,000$270,000→ 58,194 total - Sale
Common Stock
2019-02-25$39.47/sh−40,000$1,578,800→ 18,194 total - Sale
Common Stock
2019-02-25$39.44/sh−5,000$197,200→ 18,194 total - Exercise/Conversion
Director Stock Option (right to buy)
2019-02-25−5,000→ 43,445 totalExercise: $6.75Exp: 2025-11-13→ Common Stock (5,000 underlying) - Exercise/Conversion
Common Stock
2019-02-25$6.75/sh+5,000$33,750→ 23,194 total - Exercise/Conversion
Director Stock Option (right to buy)
2019-02-25−40,000→ 48,445 totalExercise: $6.75Exp: 2025-11-13→ Common Stock (40,000 underlying)
Footnotes (3)
- [F1]This transaction was executed in multiple trades at prices ranging from $39.40 to $39.50; the price reported above reflects the weighted average sale price. The reporting person will provide to the Commission, the issuer and any stockholder, upon request, full information regarding the number of shares and prices at which the transactions were effected.
- [F2]This transaction was executed in multiple trades at prices ranging from $39.42 to $39.45; the price reported above reflects the weighted average sale price. The reporting person will provide to the Commission, the issuer and any stockholder, upon request, full information regarding the number of shares and prices at which the transactions were effected.
- [F3]The stock option grant is fully vested.