4//SEC Filing
ROSENSWEIG DANIEL 4
Accession 0001364954-25-000025
CIK 0001364954other
Filed
Mar 13, 8:00 PM ET
Accepted
Mar 14, 6:05 PM ET
Size
11.3 KB
Accession
0001364954-25-000025
Insider Transaction Report
Form 4
CHEGG, INCCHGG
ROSENSWEIG DANIEL
DirectorPRESIDENT, CEO & CHAIRMAN
Transactions
- Award
Common Stock
2025-03-12+16,272→ 2,096,774 total - Tax Payment
Common Stock
2025-03-12$0.86/sh−4,595$3,941→ 2,092,179 total - Tax Payment
Common Stock
2025-03-12$0.86/sh−1,778$1,525→ 2,090,401 total
Holdings
- 25,000(indirect: See footnote.)
Common Stock
- 48,842(indirect: See footnote.)
Common Stock
Footnotes (5)
- [F1]Represents the number of shares of Common Stock subject to performance-based restricted stock units ("PSUs") granted to the Reporting Person in 2024 (the "2024 PSUs") that shall now be subject to time-based vesting following the Compensation Committee's review of the achievement of certain performance measurements on March 3, 2025. The shares subject to the PSUs allocated to each 2024 performance metric shall vest as follows: 1/3rd of the PSUs earned shall vest on June 12, 2025, then June 12, 2026 and June 12, 2027, subject to the Reporting Person's continued service through each vesting date.
- [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 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.
- [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 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.
- [F4]Held by The Rosensweig Family Revocable Trust U/A/D 03-12-07 where the Reporting Person is a Co-Trustee.
- [F5]Held by The Rosensweig 2012 Irrevocable Children's Trust U/A/D 11-06-12 where the Reporting Person is a Co-Trustee.
Documents
Issuer
CHEGG, INC
CIK 0001364954
Entity typeother
Related Parties
1- filerCIK 0001234658
Filing Metadata
- Form type
- 4
- Filed
- Mar 13, 8:00 PM ET
- Accepted
- Mar 14, 6:05 PM ET
- Size
- 11.3 KB