0001364954-17-000065.txt : 20170301
0001364954-17-000065.hdr.sgml : 20170301
20170301190713
ACCESSION NUMBER: 0001364954-17-000065
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170227
FILED AS OF DATE: 20170301
DATE AS OF CHANGE: 20170301
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CHEGG, INC
CENTRAL INDEX KEY: 0001364954
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EDUCATIONAL SERVICES [8200]
IRS NUMBER: 203237489
STATE OF INCORPORATION: DE
BUSINESS ADDRESS:
STREET 1: 3990 FREEDOM CIRCLE
CITY: SANTA CLARA
STATE: CA
ZIP: 95054
BUSINESS PHONE: 408-855-5700
MAIL ADDRESS:
STREET 1: 3990 FREEDOM CIRCLE
CITY: SANTA CLARA
STATE: CA
ZIP: 95054
FORMER COMPANY:
FORMER CONFORMED NAME: CHEGG INC
DATE OF NAME CHANGE: 20060605
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Lem Esther
CENTRAL INDEX KEY: 0001587559
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36180
FILM NUMBER: 17656357
MAIL ADDRESS:
STREET 1: C/O CHEGG, INC.
STREET 2: 3990 FREEDOM CIRCLE
CITY: SANTA CLARA
STATE: CA
ZIP: 95054
4
1
wf-form4_148841321895089.xml
FORM 4
X0306
4
2017-02-27
0
0001364954
CHEGG, INC
CHGG
0001587559
Lem Esther
C/O CHEGG, INC
3990 FREEDOM CIR
SANTA CLARA
CA
95054
0
1
0
0
CHIEF MARKETING OFFICER
Common Stock
2017-02-27
4
A
0
49295
0
A
404411
D
Common Stock
2017-02-27
4
F
0
22591
8.16
D
381820
D
Common Stock
2017-02-27
4
A
0
102804
0
A
484624
D
Represents the number of shares of the Issuer's Common Stock (the "Common Stock") subject to performance-based restricted stock units ("PSUs") granted to the Reporting Person in 2015 (the "2015 PSUs") that were certified to be awarded by the Compensation Committee of the Issuer's Board of Directors (the "Compensation Committee") and vested in full on February 27, 2017. The reported shares of Common Stock subject to the 2015 PSUs represent the remaining shares subject to the 2015 PSUs and there are no remaining shares to be awarded subject to the 2015 PSUs.
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 2015 PSUs to satisfy federal and state tax withholding obligations of the Reporting Person resulting from the vesting and settlement of the 2015 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.
Represents the number of shares of Common Stock subject to PSUs granted to the Reporting Person in 2016 (the "2016 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 27, 2017. The shares subject to the 2016 PSUs allocated to each performance metric shall vest as follows: 50% of on March 15, 2018 and 50% on March 15, 2019, subject to the Reporting Person's continued service up to and through the applicable vesting dates.
/s/ Esther Lem by Dave Borders, Attorney-in-Fact
2017-03-01