0001364954-19-000065.txt : 20190305
0001364954-19-000065.hdr.sgml : 20190305
20190305193926
ACCESSION NUMBER: 0001364954-19-000065
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190301
FILED AS OF DATE: 20190305
DATE AS OF CHANGE: 20190305
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Schultz Nathan J.
CENTRAL INDEX KEY: 0001586632
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36180
FILM NUMBER: 19660758
MAIL ADDRESS:
STREET 1: C/O CHEGG, INC.
STREET 2: 3990 FREEDOM CIRCLE
CITY: SANTA CLARA
STATE: CA
ZIP: 95054
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
FISCAL YEAR END: 1231
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
4
1
wf-form4_155183275188510.xml
FORM 4
X0306
4
2019-03-01
0
0001364954
CHEGG, INC
CHGG
0001586632
Schultz Nathan J.
C/O CHEGG, INC
3990 FREEDOM CIR
SANTA CLARA
CA
95054
0
1
0
0
PRESIDENT OF LEARNING SERVICES
Common Stock
2019-03-01
4
A
0
37110
0
A
505450
D
Common Stock
2019-03-01
4
A
0
77849
0
A
583299
D
Common Stock
2019-03-01
4
F
0
12866
40.42
D
570433
D
Common Stock
2019-03-01
4
F
0
53905
40.42
D
516528
D
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.
Represents the number of shares of Common Stock subject to PSUs granted to the Reporting Person in 2018 (the "2018 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 20, 2019. The shares subject to the 2018 PSUs allocated to each performance metric shall vest as follows: 1/3 on March 1, 2019, 1/3 on March 1, 2020 and the remaining 1/3 on March 1, 2021, subject to the Reporting Person's continued service up to and through the applicable vesting dates.
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 2018 PSUs to satisfy federal and state tax withholding obligations of the Reporting Person resulting from the vesting and settlement of the 2018 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.
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.
/s/ Nathan J. Schultz by Dave Borders, Attorney-in-Fact
2019-03-05