Chegg 2015 Annual Report Download - page 25

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21
* 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 4,
2016.
(1) Consists of (a) 822,154 shares held by Mr. Rosensweig, (b) 69,346 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 vested 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) 2,749,326 shares subject to stock options held
by Mr. Rosensweig that are exercisable within 60 days of April 4, 2016, and (g) 2,198 RSUs which are subject to vesting
conditions expected to occur within 60 days of April 4, 2016.
(2) Consists of (a) 269,302 shares held by Mr. Brown, (b) 77,727 shares held by The Andy and Pam Brown Family Trust, of
which Mr. Brown is a Co-Trustee, (c) 5,000 shares held by Chelsea Brown, Mr. Brown’s daughter, (d) 5,000 shares held by
Kevin Brown, Mr. Brown’s son, (e) 774,933 shares subject to stock options held by Mr. Brown that are exercisable within
60 days of April 4, 2016, and (f) 96 RSUs which are subject to vesting conditions expected to occur within 60 days of
April 4, 2016.
(3) Consists of (a) 177,251 shares held by Mr. Geiger, (b) 1,019,760 shares subject to stock options held by Mr. Geiger that are
exercisable within 60 days of April 4, 2016, and (c) 336 RSUs which are subject to vesting conditions expected to occur
within 60 days of April 4, 2016.
(4) Consists of (a) 45,000 shares held by the Schlein Family Trust Dtd 4/20/99, (b) 88,006 shares subject to stock options held
by Mr. Schlein that are exercisable within 60 days of April 4, 2016, 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.
(5) Consists of (a) 2,000 shares held by Mr. York, (b) 115,065 shares subject to stock options held by Mr. York that are
exercisable within 60 days of April 4, 2016.
(6) Consists of (a) 10,569,852 shares, (b) 6,880,271 shares subject to stock options that are exercisable within 60 days of
April 4, 2016, and (c) 3,452 RSUs which are subject to vesting conditions expected to occur within 60 days of April 4,
2016, each of which are held by our directors and officers as a group.
(7) Based on information provided by PRIMECAP Management Company on Schedule 13G/A filed with the SEC on
February 12, 2016. Of the shares beneficially owned, PRIMECAP Management Company reported that it has sole
dispositive power with respect to all of the shares and sole voting power with respect to 8,593,000 shares. The principal
business address of PRIMECAP Management Company is 225 South Lake Ave., #400, Pasadena, CA 91101.
(8) Based on information provided by affiliates of Insight Venture Partners on Schedule 13G/A filed with the SEC on February
9, 2016. Consists of (a) 1,705,423 shares held by Insight Venture Partners (Cayman) VI, L.P., of which Insight Venture
Partners (Cayman) VI, L.P. reported that it has sole dispositive power and sole voting power with respect to all of the
shares; (b) 315,550 shares held by Insight Venture Partners VI (Co-Investors), L.P., of which Insight Venture Partners VI
(Co-Investors), L.P. reported that it has sole dispositive power and sole voting power with respect to all of the shares; and
(c) 5,430,094 shares held by Insight Venture Partners VI, L.P., of which Insight Venture Partners VI, L.P. reported that it
has sole dispositive power and sole voting power with respect to all of the shares. 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 Holdings 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.