0001364954-21-000026.txt : 20210303 0001364954-21-000026.hdr.sgml : 20210303 20210303214718 ACCESSION NUMBER: 0001364954-21-000026 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210301 FILED AS OF DATE: 20210303 DATE AS OF CHANGE: 20210303 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: TOMASELLO ROBIN CENTRAL INDEX KEY: 0001608511 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36180 FILM NUMBER: 21712387 MAIL ADDRESS: STREET 1: 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_161482602368536.xml FORM 4 X0306 4 2021-03-01 0 0001364954 CHEGG, INC CHGG 0001608511 TOMASELLO ROBIN C/O CHEGG, INC 3990 FREEDOM CIR SANTA CLARA CA 95054 0 1 0 0 VP, CORPORATE CONTROLLER Common Stock 2021-03-01 4 A 0 10095 0 A 65039 D Common Stock 2021-03-01 4 F 0 6352 99.05 D 58687 D Performance Stock Units 0.0 2021-03-01 4 A 0 0 0 A 2025-03-01 Common Stock 14587.0 14587 D The restricted stock unit award shall vest over a three-year period with 1/3 of the shares subject to the award vesting on the first anniversary of the award date, and the remaining shares vesting in equal quarterly installments thereafter for 24 months, subject to the employee's continuous service on each of the specified vest dates and to the terms and conditions in the Restricted Stock Unit Agreement. The reported shares were withheld to cover the Reporting Person's tax liability in connection with the vesting of RSUs. The PSU award are earned and become vested based upon both (i) attainment of the Absolute TSR Performance Metric and (ii) completion of the service-based vesting dates. The share price will be measured using a 60-day trailing average, with performance assessed quarterly. Once a performance target is met, the shares will become earned and will vest at 50% on the 3rd and 4th anniversary of the award date. The PSUs shall be earned and become vested based upon both (i) attainment of the TSR Performance Metric and (ii) continued service of the Reporting Person through each vesting date, with 50% of the PSUsto vest on March 8, 2024 and 50% to vest on March 1, 2025. Shares represent 150% of the PSUs awarded, the maximum rate of undetermined achievement. /s/ Woodie H. Dixon, Jr., Attorney-in-Fact 2021-03-03