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CHEGG, INC Director's Dealing 2024

Apr 17, 2024

33845_dirs_2024-04-16_6cee11f7-2938-48e0-b541-895f53c21e53.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEGG, INC (CHGG)
CIK: 0001364954
Period of Report: 2024-04-12

Reporting Person: Longo David (CFO & Treasurer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-04-12 Common Stock F 1637 $7.15 Disposed 56870 Direct
2024-04-12 Common Stock A 265734 Acquired 322604 Direct

Footnotes

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: Represents an award of RSUs in connection with Mr. Longo's promotion to Chief Financial Officer and Treasurer. Each RSU represents a contingent right to receive one share of common stock of the Issuer upon vesting. The RSU award vests with respect to 100% of the shares subject to the RSUs on March 12, 2025 (the "Vesting Date"), subject to the recipient's continued service up to and through the Vesting Date.