BROWN ANDREW J 4
4 · CHEGG, INC · Filed Jun 14, 2023
Insider Transaction Report
Form 4
CHEGG, INCCHGG
BROWN ANDREW J
CHIEF FINANCIAL OFFICER
Transactions
- Tax Payment
Common Stock
2023-06-12$10.93/sh−875$9,564→ 298,175 total - Tax Payment
Common Stock
2023-06-12$10.93/sh−2,213$24,188→ 299,050 total
Holdings
- 108,843(indirect: By Trust)
Common Stock
Footnotes (3)
- [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 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.
- [F3]The Reporting Person is a Co-Trustee.