Statement of Changes in Beneficial Ownership (4)
September 03 2020 - 07:50PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL
OWNERSHIP OF SECURITIES
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Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934 or Section 30(h) of the Investment
Company Act of 1940
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1. Name
and Address of Reporting Person *
Schultz Nathan J. |
2. Issuer Name and Ticker or Trading
Symbol CHEGG, INC [ CHGG ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)_____
Director _____
10% Owner
__X__ Officer (give title
below) _____ Other
(specify below)
PRESIDENT OF LEARNING SERVICES |
(Last)
(First)
(Middle)
C/O CHEGG, INC, 3990 FREEDOM CIR |
3. Date of Earliest Transaction (MM/DD/YYYY)
9/1/2020
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(Street)
SANTA CLARA, CA 95054
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
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1.Title of Security
(Instr. 3) |
2. Trans. Date |
2A. Deemed Execution Date, if any |
3. Trans. Code
(Instr. 8) |
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) |
5. Amount of Securities Beneficially Owned Following
Reported Transaction(s)
(Instr. 3 and 4) |
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) |
7. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
Amount |
(A) or (D) |
Price |
Common Stock |
9/1/2020 |
|
F(1) |
|
2179 |
D |
$76.58 |
231424 |
D |
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Common Stock |
9/1/2020 |
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F(2) |
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1534 |
D |
$76.58 |
229890 |
D |
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Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible
securities)
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1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. Trans. Code
(Instr. 8) |
5. Number of Derivative Securities Acquired (A) or
Disposed of (D)
(Instr. 3, 4 and 5) |
6. Date Exercisable and Expiration Date |
7. Title and Amount of Securities Underlying
Derivative Security
(Instr. 3 and 4) |
8. Price of Derivative Security
(Instr. 5) |
9. Number of derivative Securities Beneficially
Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct
(D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Explanation of
Responses: |
(1) |
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 2019 PSUs to satisfy federal and state tax
withholding obligations of the Reporting Person resulting from the
vesting and settlement of the 2019 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. |
(2) |
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. |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
Schultz Nathan J.
C/O CHEGG, INC
3990 FREEDOM CIR
SANTA CLARA, CA 95054 |
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|
PRESIDENT OF LEARNING SERVICES |
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Signatures
|
/s/ Nathan J. Schultz by Dana Jewell,
Attorney-in-Fact |
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9/3/2020 |
**Signature of
Reporting Person |
Date |