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. The award consists of 3,575 restricted stock units (RSUs) of Chegg common stock, granted under the Chegg 2023 Equity Inducement Plan. The RSUs will fully vest on November 12, 2025, contingent upon the employee's continuous service through the vesting date. The grant was made in accordance with the employment inducement award exception to NYSE Listing Rule 303A.08.
Chegg ha annunciato che il suo Comitato per la Remunerazione ha concesso premi azionari a un nuovo dipendente assunto il 12 novembre 2024. Il premio consiste in 3.575 unità azionarie subordinate (RSU) di azioni ordinarie di Chegg, concesse ai sensi del Piano di Induzione Azionaria 2023 di Chegg. Le RSU si convertiranno completamente il 12 novembre 2025, a condizione che il dipendente mantenga un servizio continuo fino alla data di maturazione. Il conferimento è stato effettuato in conformità con l'eccezione per i premi di induzione all'occupazione della Regola 303A.08 del NYSE.
Chegg anunció que su Comité de Compensación otorgó premios en acciones a un nuevo empleado contratado el 12 de noviembre de 2024. El premio consiste en 3,575 unidades de acciones restringidas (RSUs) de acciones ordinarias de Chegg, otorgadas bajo el Plan de Inducción de Capital 2023 de Chegg. Las RSUs se adquirirán completamente el 12 de noviembre de 2025, siempre que el empleado mantenga un servicio continuo hasta la fecha de adquisición. La concesión se realizó de acuerdo con la excepción de premio por inducción laboral a la Regla 303A.08 de NYSE.
Chegg는 보상 위원회가 2024년 11월 12일에 새로 채용된 직원에게 주식 보너스를 수여했다고 발표했습니다. 이 보너스는 Chegg의 일반 주식 3,575 제한 주식 단위(RSU)로 구성되어 있으며, Chegg 2023 주식 유도 계획에 따라 수여됩니다. RSU는 직원이 만기일까지 지속적인 서비스를 제공할 경우 2025년 11월 12일에 완전히 확정됩니다. 이 지급은 NYSE 상장 규칙 303A.08에 따른 고용 유도 보상 예외에 따라 이루어졌습니다.
Chegg a annoncé que son Comité de Rémunération a accordé des récompenses en actions à un nouvel employé engagé le 12 novembre 2024. La récompense se compose de 3 575 unités d'actions restreintes (RSU) d'actions ordinaires de Chegg, accordées dans le cadre du Plan d'Induction en Capitale 2023 de Chegg. Les RSUs deviendront entièrement acquises le 12 novembre 2025, sous réserve que l'employé soit en service continu jusqu'à la date d'acquisition. L'octroi a été effectué conformément à l'exception d'indemnité d'emploi de la règle de cotation 303A.08 de la NYSE.
Chegg gab bekannt, dass der Vergütungsausschuss einem neu eingestellten Mitarbeiter am 12. November 2024 Aktienpreise gewährt hat. Die Auszeichnung besteht aus 3.575 eingeschränkten Aktieneinheiten (RSUs) von Chegg-Stammaktien, die im Rahmen des Chegg 2023 Equity Inducement Plans vergeben wurden. Die RSUs werden am 12. November 2025 vollständig unverfallbar, vorausgesetzt, der Mitarbeiter bleibt bis zum Verfalltermin im Dienst. Die Zuteilung erfolgte gemäß der Ausnahme für Beschäftigungsanreize in Bezug auf die NYSE-Listing-Regel 303A.08.
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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
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