4//SEC Filing
Osier Michael A. 4
Accession 0001364954-20-000066
CIK 0001364954other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 7:29 PM ET
Size
11.1 KB
Accession
0001364954-20-000066
Insider Transaction Report
Form 4
CHEGG, INCCHGG
Osier Michael A.
CHIEF INFORMATION OFFICER
Transactions
- Award
Common Stock
2020-03-01+36,915→ 468,260 total - Tax Payment
Common Stock
2020-03-01$39.21/sh−54,584$2,140,239→ 408,374 total - Tax Payment
Common Stock
2020-03-01$39.21/sh−5,302$207,891→ 462,958 total - Award
Common Stock
2020-03-01+30,604→ 431,345 total
Footnotes (4)
- [F1]Represents an award of restricted stock units ("RSU", and each a "RSU"). Each RSU represents a contingent right to receive one share of common stock of the Issuer upon vesting.
- [F2]Represents the number of shares of Common Stock subject to PSUs granted to the Reporting Person in 2019 (the "2019 PSUs") that shall now be subject to time-based vesting following the Compensation Committee's determination of the achievement of certain performance measurements on February 24, 2020. The shares subject to the 2019 PSUs allocated to each performance metric shall vest as follows: 1/3 on March 1, 2020, and as to the remaining allocated PSUs, in equal quarterly installments for the next 24 months following March 1, 2020, subject to the Reporting Person's continued service up to and through the applicable vesting dates.
- [F3]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 2019 PSUs to satisfy federal and state tax withholding obligations of the Reporting Person resulting from the vesting and settlement of the 2019 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.
- [F4]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 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.
Documents
Issuer
CHEGG, INC
CIK 0001364954
Entity typeother
Related Parties
1- filerCIK 0001586645
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 7:29 PM ET
- Size
- 11.1 KB