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Chegg, Inc. (NYSE:CHGG) granted equity awards to new hires under the Chegg 2023 Equity Inducement Plan. Deena Bahri, the new Chief Marketing Officer, received 314,685 RSUs. Three other new employees received a total of 6,671 RSUs. The RSUs will vest over time based on continuous service.
Chegg, Inc. (NYSE:CHGG) ha concesso premi in azioni ai nuovi assunti nell'ambito del Piano di Induzione all'Equity Chegg 2023. Deena Bahri, la nuova Chief Marketing Officer, ha ricevuto 314.685 RSU. Altri tre nuovi dipendenti hanno ricevuto un totale di 6.671 RSU. Le RSU matureranno nel tempo in base al servizio continuativo.
Chegg, Inc. (NYSE:CHGG) otorgó premios de acciones a los nuevos empleados bajo el Plan de Inducción de Equidad Chegg 2023. Deena Bahri, la nueva Directora de Marketing, recibió 314,685 RSU. Otros tres nuevos empleados recibieron un total de 6,671 RSU. Las RSU se irán otorgando progresivamente basado en el servicio continuo.
Chegg, Inc. (NYSE:CHGG)는 2023년 Chegg 주식 유인 계획에 따라 신입 직원들에게 주식 보상을 부여했습니다. 새로운 최고 마케팅 책임자인 Deena Bahri는 314,685 RSU를 받았습니다. 다른 세 명의 신입 직원은 총 6,671 RSU를 받았습니다. RSU는 지속적인 서비스에 기반하여 시간이 지남에 따라 확정됩니다.
Chegg, Inc. (NYSE:CHGG) a accordé des attributions d'actions aux nouvelles recrues dans le cadre du Plan d'Incitation en Actions Chegg 2023. Deena Bahri, la nouvelle Directrice Marketing, a reçu 314 685 RSU. Trois autres nouveaux employés ont reçu un total de 6 671 RSU. Les RSU seront acquises au fil du temps en fonction de la continuité du service.
Chegg, Inc. (NYSE:CHGG) hat im Rahmen des Chegg 2023 Equity Inducement Plans Aktienprämien an neue Mitarbeiter vergeben. Deena Bahri, die neue Chief Marketing Officer, erhielt 314.685 RSUs. Drei weitere neue Mitarbeiter erhielten insgesamt 6.671 RSUs. Die RSUs werden über die Zeit abhängig von kontinuierlicher Tätigkeit erworben.
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SANTA CLARA, Calif.--(BUSINESS WIRE)--
Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, today announced that on April 12, 2024, its Compensation Committee granted equity awards pursuant to the Chegg 2023 Equity Inducement Plan.
Deena Bahri, Chegg’s newly hired Chief Marketing Officer, received an award of restricted stock units (“RSUs”) representing 314,685 shares of Chegg common stock in reliance on the employment inducement award exception to New York Stock Exchange Listing Rule 303A.08. The RSU award will vest with respect to the first 50% of the shares underlying the award after 12 months of Ms. Bahri’s continuous service, and the remaining underlying shares will vest in equal quarterly installments for four quarters, after the completion of each full quarter of continuous service thereafter.
Three additional newly hired employees received, in the aggregate, RSU awards representing 6,671 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 vest with respect to the first 33 1/3% of the shares underlying each award after 12 months of each respective employee’s continuous service, and the remaining underlying shares will vest in equal quarterly installments for eight quarters, after the completion of each full quarter of continuous service thereafter.
About Chegg
Millions of people all around the world learn with Chegg. No matter the goal, level, or style, Chegg helps learners learn with confidence. We provide 24/7 on-demand support, and our personalized learning assistant leverages the power of artificial intelligence (“AI”), more than a hundred million pieces of proprietary content, as well as a decade of learning insights. Our platform also helps learners build essential life and job skills to accelerate their path from learning to earning, and we work with companies to offer learning programs for their employees. Chegg is a publicly held company and trades on the NYSE under the symbol CHGG. For more information, visit www.chegg.com.
What is the purpose of the equity awards granted by Chegg, Inc. (NYSE:CHGG)?
Chegg granted equity awards to new hires under the Chegg 2023 Equity Inducement Plan.
How many RSUs did Deena Bahri, the new Chief Marketing Officer of Chegg, receive?
Deena Bahri received 314,685 RSUs.
How will the RSUs granted to Deena Bahri vest?
The RSU award will vest with respect to the first 50% of the shares after 12 months of continuous service, with the remaining shares vesting in equal quarterly installments.
How many RSUs did the three additional newly hired employees receive?
The three additional employees received a total of 6,671 RSUs.
How will the RSUs granted to the three additional employees vest?
The RSUs will vest with respect to the first 33 1/3% of the shares after 12 months of continuous service, with the remaining shares vesting in equal quarterly installments.
