Chegg 2014 Annual Report Download - page 23

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* Represents beneficial ownership of less than 1% of our outstanding shares of common stock.
§ Shares shown for this individual represent shares subject to stock options that are exercisable within 60 days of April 10,
2015.
(1) Consists of (a) 461,531 shares held by Mr. Rosensweig, (b) 20,504 shares held by The Daniel and Linda Rosensweig, Co-
Trustees of the Rosensweig Family Revocable Trust U/A/D03-12-07, (c) 7,166 shares held by The Rachel Rosensweig
2007 Irrevocable Trust U/A/D 03-12-07, (d) 7,166 shares held by The Samantha Rosensweig 2007 Irrevocable Trust U/A/
D 03-12-2007, (e) 68,251 shares subject to nonqualified options transferred to Daniel Lee Rosensweig and Linda
Rosensweig Co-Trustees of the Rosensweig 2012 Irrevocable Children’s Trust u/a/d 11/6/2012 on November 8, 2013, but
reported under Mr. Rosensweig’s name for financial reporting purposes, (f) 2,256,457 shares subject to stock options held
by Mr. Rosensweig that are exercisable within 60 days of April 10, 2015, and (g) 2,606 RSUs which are subject to vesting
conditions expected to occur within 60 days of April 10, 2015.
(2) Consists of (a) 131,062 shares held by Mr. Brown, (b) 51,061 shares held by The Andy and Pam Brown Family Trust, of
which Mr. Brown is a Co-Trustee, (c) 3,333 shares held by Chelsea Brown, Mr. Brown’s daughter, (d) 3,333 shares held by
Kevin Brown, Mr. Brown’s son, (e) 629,914 shares subject to stock options held by Mr. Brown that are exercisable within
60 days of April 10, 2015, and (f) 1,124 RSUs which are subject to vesting conditions expected to occur within 60 days of
April 10, 2015.
(3) Consists of (a) 74,090 shares held by Mr. Geiger, (b) 905,387 shares subject to stock options held by Mr. Geiger that are
exercisable within 60 days of April 10, 2015, and (c) 336 RSUs which are subject to vesting conditions expected to occur
within 60 days of April 10, 2015.
(4) Consists of (a) 65,609 shares held by Mr. McCarthy, (b) 53,499 shares held by Rivers Cross Trust, (c) 17,333 shares held
by Peter Dudley McCarthy Trust, and (d) 175,670 shares subject to stock options held by Mr. McCarthy that are
exercisable within 60 days of April 10, 2015.
(5) Consists of (a) 20,000 shares held by the Schlein Family Trust Dtd 4/20/99, (b) 72,904 shares subject to stock options held
by Mr. Schlein that are exercisable within 60 days of April 10, 2015, and (b) 8,355,135 shares owned by Kleiner Perkins
Caufield & Byers XIII, LLC (KPCB XIII). All shares are held for convenience in the name of “KPCB Holdings, Inc. as
nominee,” for the accounts of such individuals and entities who each exercise their own voting and dispositive control over
such shares. The managing member of KPCB XIII is KPCB XIII Associates, LLC (KPCB XIII Associates). Brook H.
Byers, L. John Doerr, Joseph Lacob, Raymond J. Lane and Ted Schlein, a member of our board of directors, are the
managing directors of KPCB XIII Associates and exercise shared voting and investment power over the shares directly
held by KPCB XIII. The principal business address for all entities and individuals affiliated with Kleiner Perkins Caufield
& Byers is 2750 Sand Hill Road, Menlo Park, CA 94025.
(6) Consists of (a) 2,000 shares held by Mr. York, (b) 94,695 shares subject to stock options held by Mr. York that are
exercisable within 60 days of April 10, 2015.
(7) Consists of (a) 9,706,816 shares, (b) 6,375,680 shares subject to stock options that are exercisable within 60 days of April
10, 2015, and (c) 5,968 RSUs which are subject to vesting conditions expected to occur within 60 days of April 10, 2015,
each of which are held by our directors and officers as a group.
(8) Consists of (a) 1,986,489 shares held by Insight Venture Partners (Cayman) VI, L.P., (b) 367,462 shares held by Insight
Venture Partners VI (Co-Investors), L.P., and (c) 6,323,440 shares held by Insight Venture Partners VI, L.P. Insight
Holdings Group, LLC (Holdings) is the general partner of Insight Venture Associates VI, L.P., which is the general partner
of each of Insight Venture Partners VI, L.P., Insight Venture Partners (Cayman) VI, L.P. and Insight Venture Partners VI
(Co-Investors), L.P. Each of Jeffrey Horing, Deven Parekh and Peter Sobiloff is a member of the board of managers of
Holdings and share voting and investment power over the shares. Each of Messrs. Horing, Parekh and Sobiloff disclaims
beneficial ownership of the shares except to the extent of his pecuniary interest in these entities. The principal business
address for all entities and individuals affiliated with Insight Venture Partners is 1114 Avenue of the Americas, 36th Floor,
New York, NY 10036.
(9) Consists of 7,792,000 shares owned by KPCB XIII and 563,135 shares beneficially owned by individuals and entities
associated with Kleiner Perkins Caufield & Byers. All shares are held for convenience in the name of “KPCB Holdings,
Inc. as nominee,” for the accounts of such individuals and entities who each exercise their own voting and dispositive
control over such shares. The managing member of KPCB XIII is KPCB XIII Associates. Brook H. Byers, L. John Doerr,
Joseph Lacob, Raymond J. Lane and Ted Schlein, a member of our board of directors, are the managing directors of KPCB
XIII Associates and exercise shared voting and investment power over the shares directly held by KPCB XIII. The
principal business address for all entities and individuals affiliated with Kleiner Perkins Caufield & Byers is 2750 Sand
Hill Road, Menlo Park, CA 94025.
(10) The sole general partner of PAR Investment Partners, L.P. is PAR Group, L.P. The sole general partner of PAR Group L.P.,
is PAR Capital Management, Inc. Each of PAR Group, L.P. and PAR Capital Management, Inc. may be deemed to be the
beneficial owner of all 7,500,000 shares held directly by PAR Investment Partners, L.P.