Chegg 2015 Annual Report Download - page 24

Download and view the complete annual report

Please find page 24 of the 2015 Chegg annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 139

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139

20
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
The following table sets forth certain information with respect to the beneficial ownership of our common stock as of
April 4, 2016, by:
• each stockholder known by us to be the beneficial owner of more than 5% of our common stock;
• each of our directors or director nominees;
• each of our named executive officers; and
• all of our directors and executive officers as a group.
Percentage ownership of our common stock is based on 90,099,929 shares of our common stock outstanding on
April 4, 2016. We have determined beneficial ownership in accordance with the rules of the SEC, and thus it represents sole or
shared voting or investment power with respect to our securities. Unless otherwise indicated below, to our knowledge, the
persons and entities named in the table have sole voting and sole investment power with respect to all shares that they
beneficially owned, subject to community property laws where applicable. We have deemed shares of our common stock
subject to equity awards that are currently vested or will become vested within 60 days of April 4, 2016 to be outstanding and
to be beneficially owned by the person holding the award for the purpose of computing the percentage ownership of that person
but have not treated them as outstanding for the purpose of computing the percentage ownership of any other person.
Unless otherwise indicated, the address of each of the individuals and entities named below is c/o Chegg, Inc., 3990
Freedom Circle, Santa Clara, California 95054.
Name of Beneficial Owner
Number of Shares
Beneficially
Owned Percentage
Owned
Named Executive Officers and Directors:
Dan Rosensweig(1). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,725,607 4.0%
Andy Brown(2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,132,058 1.2%
Chuck Geiger(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,197,347 1.3%
Reneé Budig§ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14,740 *
Jeffrey Housenbold§ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 116,917 *
Marne Levine§ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 116,917 *
Richard Sarnoff§. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 194,671 *
Ted Schlein(4). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8,488,141 9.4%
John York(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 117,065 *
All executive officers and directors as a group (13 persons)(6) . . . . . . . . . . . . . . . . . . . 17,453,575 18.0%
5% Stockholders:
PRIMECAP Management Company(7) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11,497,990 12.8%
Entities Affiliated with Insight Holdings Group, LLC(8). . . . . . . . . . . . . . . . . . . . . . . . 7,451,067 8.3%
KPCB Holdings, as nominee(9) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8,355,135 9.3%
PAR Investment Partners, L.P.(10) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8,200,000 9.1%
Entities Affiliated with Gabriel Ventures(11) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7,358,364 8.2%
Sylebra HK Company Limited(12) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,071,880 6.7%
(footnotes appear on following page)