Chegg Reports New Hire Equity Grants Under NYSE Rule 303A.08
Chegg announced that its Compensation Committee granted equity awards to one newly hired employee on November 12, 2024.
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One newly hired employee received an award of restricted stock units (“RSUs”) representing 3,575 shares of Chegg common stock in reliance on the employment inducement award exception to New York Stock Exchange Listing Rule 303A.08. The RSUs will fully vest on November 12, 2025, subject to the employee’s continuous service through the vesting date.
About Chegg
Chegg provides individualized learning support to students as they pursue their educational journeys. Available on demand 24/7 and powered by over a decade of learning insights, the Chegg platform offers students AI-powered academic support thoughtfully designed for education coupled with access to a vast network of subject matter experts who ensure quality. No matter the goal, level, or style, Chegg helps millions of students around the world learn with confidence by helping them build essential academic, life, and job skills to achieve success. Chegg is a publicly held company and trades on the NYSE under the symbol CHGG. For more information, visit www.chegg.com.
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Media Contact:
Candace Sue, press@chegg.com
Source: Chegg