secwatch.observer — SEC 8-K summary
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Issuer:     CHEGG, INC (CHGG)
CIK:        0001364954
Form:       8-K
Filed at:   2023-06-07T23:59:59+00:00
Accession:  0001364954-23-000090
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chegg stockholders approve 2023 Equity Incentive Plan (12M new shares) and ESPP
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- Stockholders approved 2023 Equity Incentive Plan, adding 12,000,000 shares to the award pool, plus shares forfeited under prior plan.
- Advisory say-on-pay vote passed with 68.9M for, 12.4M against, and 12.8M abstentions (73% support excluding broker non-votes).
- 2023 EIP approved by close vote: 51.6M for, 42.4M against (55% for).
- Amended and Restated 2013 Employee Stock Purchase Plan overwhelmingly approved (93.8M for).
- All three Class I director nominees elected (Renee Budig, Dan Rosensweig, Ted Schlein).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1364954/000136495423000090/0001364954-23-000090-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1364954/000136495423000090/chgg-20230607.htm
  HTML page:      https://secwatch.observer/filing/0001364954-23-000090

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer