Chegg 2013 Annual Report Download - page 25

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(1) Amounts shown in this column do not reflect dollar amounts actually received by non-employee directors.
Instead these amounts reflect the aggregate full grant date fair value calculated in accordance with Financial
Accounting Standards Board (“FASB”) Accounting Standards Codification Topic 718, Compensation-Stock
Compensation, (formerly SFAS 123R), or ASC 718, for awards granted during 2013. For information on the
valuation assumptions with respect to stock option grants, refer to note 14 of our notes to consolidated
financial statements contained in our Annual Report on Form 10-K for the fiscal year ended December 31,
2013. There can be no assurance that this grant date fair value will ever be realized by the non-employee
director.
Our non-employee directors held the following number of stock options as of December 31, 2013.
Name Option Awards
Jeffrey Housenbold 66,666
Marne Levine 66,666
Barry McCarthy 148,072
Richard Sarnoff 151,971
Ted Schlein 45,306
John York 66,666
OUR BOARD OF DIRECTORS RECOMMENDS A VOTE “FOR” ELECTION OF EACH
OF THE THREE NOMINATED DIRECTORS.
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