Current Report Filing (8-k)
September 23 2020 - 04:06PM
Edgar (US Regulatory)
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of report: September 17, 2020
(Date of earliest event reported)
Chegg, Inc.
(Exact Name of Registrant as Specified in Its Charter)
Delaware
(State or Other Jurisdiction of Incorporation)
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001-36180 |
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20-3237489 |
(Commission File Number) |
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(IRS Employer Identification No.) |
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3990 Freedom Circle |
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Santa Clara, |
California |
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95054 |
(Address of Principal Executive Offices) |
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(Zip Code) |
(408) 855-5700
(Registrant’s Telephone Number, Including Area Code)
Check the appropriate box below if the Form 8-K filing is
intended to simultaneously satisfy the filing obligation of the
registrant under any of the following provisions:
☐ Written
communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
☐ Soliciting
material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
☐ Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))
☐ Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the
Act:
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Title of each class |
Trading Symbol(s) |
Name of each exchange on which registered |
Common stock, $0.001 par value per share |
CHGG |
The New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933
(§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange
Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
☐
If an emerging growth company, indicate by check mark if the
registrant has elected not to use the extended transition period
for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange
Act.
☐
Item 5.02. Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers
(b)
On September 17, 2020, Chegg, Inc. (the "Company") announced that
Mike Osier, the Company's Chief Information Officer and Chief
Outcomes Officer, plans to retire from the Company. The effective
date of his retirement has not yet been determined and
Mr. Osier has indicated his willingness to assist the Company
in the recruitment and identification of his successor and to
facilitate an orderly transition of his duties and
responsibilities. Mr. Osier’s compensation will continue unchanged
during the period prior to his retirement. In addition, the Company
expects to retain Mr. Osier following his retirement on an
as-needed basis as a consultant for transition and continuing
advisory services.
Forward-Looking Statements
This Current Report on Form 8-K contains forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. All statements contained in this Current Report, including
statements regarding Mr. Osier’s planned retirement from the
Company, the anticipated timing of Mr. Osier’s retirement, Mr.
Osier’s intention to assist the Company in recruiting and
identification of his successor, Mr. Osier’s expected compensation
for the remainder of his time at the Company prior to retirement,
and Mr. Osier’s anticipated consulting arrangements with the
Company following his retirement, are forward-looking statements.
The words “will,” “plans,” and “expects” and similar expressions
are intended to identify these forward-looking statements. These
forward-looking statements are subject to a number of risks,
uncertainties and assumptions, including the timing of Mr. Osier’s
retirement, changes in the Company’s or Mr. Osier’s plans regarding
successor identification and transition and advisory services, and
changes the Company may make to Mr. Osier’s compensation prior to
his retirement. In addition, new risks may emerge from time to time
and it is not possible for the Company to predict all risks, nor
can it assess the impact of all factors on its business or the
extent to which any factor, or combination of factors, may cause
actual results to differ materially from those contained in any
forward‑looking statements made. In light of these risks,
uncertainties and assumptions, the future events discussed in this
Current Report on Form 8‑K may not occur and actual results could
differ from those anticipated or implied in the forward‑looking
statements.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned thereunto duly
authorized.
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CHEGG, INC. |
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By:
/s/ Andrew Brown
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Andrew Brown |
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Chief Financial Officer |
Date: September 23, 2020