Document
As filed with the Securities and Exchange Commission on February 26, 2018
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________________
FORM S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
______________________
CHEGG, INC.
(Exact Name of Registrant as Specified in Its Charter)
|
| | |
Delaware | | 20-3237489 |
(State or Other Jurisdiction of Incorporation or Organization) | | (I.R.S. Employer Identification No.) |
3990 Freedom Circle
Santa Clara, CA 95054
(Address of Principal Executive Offices) (Zip Code)
|
|
2013 Equity Incentive Plan |
2013 Employee Stock Purchase Plan |
(Full Title of the Plans)
______________________
Dan Rosensweig
President, Chief Executive Officer and Chairman
Chegg, Inc.
3990 Freedom Circle
Santa Clara, CA 95054
(Name and Address of Agent for Service)
(408) 855-5700
(Telephone Number, Including Area Code, of Agent for Service)
|
| | |
| Copies to: | |
David A. Bell, Esq. Katherine K. Duncan, Esq. Fenwick & West LLP Silicon Valley Center 801 California Street Mountain View, California 94041 (650) 988-8500 | | Dave Borders Jr., Esq. Chegg, Inc. 3990 Freedom Circle Santa Clara, CA 95054 (408) 855-5700 |
Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and "emerging growth company" in Rule 12b-2 of the Exchange Act (Check one):
|
| |
Large accelerated filer ý | Accelerated filer o |
Non-accelerated filer o (Do not check if a smaller reporting company) | Smaller reporting company o |
| Emerging growth company o |
If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. o
|
| | | | | | | | | |
Title of Securities
To Be Registered
| Amount To Be
Registered (1) | Proposed Maximum Offering Price
Per Share | Proposed Maximum Aggregate Offering Price | Amount of Registration Fee |
Common Stock, par value $0.001 per share, reserved for issuance pursuant to: | | | | |
- the 2013 Equity Incentive Plan | 5,483,382 (2)(4) |
| $ 19.44 (5) | $ | 106,596,946.08 |
| $ | 13,271.32 |
|
- the 2013 Employee Stock Purchase Plan | 1,096,676 (3)(4) |
| $ 16.52 (6) | $ | 18,117,087.52 |
| $ | 2,255.58 |
|
TOTAL | 6,580,058 |
| N/A | $ | 124,714,033.60 |
| $ | 15,526.90 |
|
| |
(1) | Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the “Securities Act”), this Registration Statement shall also cover any additional shares of the Registrant’s common stock that become issuable in respect of the securities identified in the above table by reason of any stock dividend, stock split, recapitalization or other similar transaction effected without the Registrant’s receipt of consideration which results in an increase in the number of the outstanding shares of the Registrant’s common stock. |
| |
(2) | Represents an automatic increase to the number of shares available for issuance under the 2013 Equity Incentive Plan (the “2013 Plan”) equal to 5% of the Registrant’s total outstanding shares as of December 31, 2017. The increase was effective as of January 1, 2018. |
| |
(3) | Represents an automatic increase to the number of shares available for issuance under the 2013 Employee Stock Purchase Plan (the “2013 ESPP”) equal to 1% of the Registrant’s total outstanding shares as of December 31, 2017. The increase was effective as of January 1, 2018. |
| |
(4) | Shares available for issuance under the 2013 Plan and 2013 ESPP were previously registered on registration statements on Form S-8 filed with the Securities and Exchange Commission (the “SEC”) on November 14, 2013 (Registration No. 333-192332), March 6, 2014 (Registration No. 333-194365), March 6, 2015 (Registration No. 333-202571), March 4, 2016 (Registration No. 333-209945) and February 23, 2017 (Registration No. 333-216185). |
| |
(5) | Estimated solely for the purpose of calculating the registration fee in accordance with Rules 457(c) and (h) under the Securities Act on the basis of the average of the high and low prices of the Registrant's common stock as reported on the New York Stock Exchange on February 20, 2018. |
| |
(6) | Estimated solely for the purpose of calculating the registration fee in accordance with Rules 457(c) and (h) under the Securities Act on the basis of the average of the high and low prices of the Registrant's common stock as reported on the New York Stock Exchange February 20, 2018, multiplied by 85%, which is the percentage of the trading price per share applicable to purchasers under the 2013 ESPP. |
REGISTRATION OF ADDITIONAL SHARES PURSUANT TO GENERAL INSTRUCTION E
Pursuant to General Instruction E of Form S-8, the Registrant is filing this Registration Statement with the SEC to register an additional 5,483,382 shares of common stock under the Registrant’s 2013 Equity Incentive Plan and an additional 1,096,676 shares of common stock under its 2013 Employee Stock Purchase Plan pursuant to the provisions of those plans providing for an automatic increase in the number of shares reserved for issuance under such plans. This registration statement on Form S-8 hereby incorporates by reference the contents of the Registrant’s earlier registration statements on Form S-8 filed with the SEC on November 14, 2013 (Registration No. 333-192332), March 6, 2014 (Registration No. 333-194365), March 6, 2015 (Registration No. 333-202571), March 4, 2016 (Registration No. 333-209945) and February 23, 2017 (Registration No. 333-216185) to the extent not superseded hereby.
PART II
Information Required in the Registration Statement
|
| | | | | | |
Exhibit | | Incorporated by Reference | Filed |
Number | Exhibit Description | Form | File No. | Exhibit | Filing Date | Herewith |
| | | | | | X |
| | | | | | X |
| | | | | | X |
| | | | | | X |
| | S-1/A | 333-190616 | 10.04 | October 25, 2013 | |
| | S-1 | 333-190616 | 10.05 | August 14, 2013 | |
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Santa Clara, State of California, on this 26th day of February, 2018.
|
| | | |
| Chegg, Inc. |
| By: | | /S/ DAN ROSENSWEIG |
| | | Dan Rosensweig |
| | | President, Chief Executive Officer and Chairman |
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS that each individual whose signature appears below constitutes and appoints Andrew Brown, Chief Financial Officer, Dan Rosensweig, President, Chief Executive Officer and Chairman, and Dave Borders Jr., General Counsel, and each of them, the lawful attorneys-in-fact and agents with full power and authority to do any and all acts and things and to execute any and all instruments which said attorneys and agents, and any one of them, determine may be necessary or advisable or required to enable said corporation to comply with the Securities Act of 1933, as amended, and any rules or regulations or requirements of the Securities and Exchange Commission in connection with this Registration Statement. Without limiting the generality of the foregoing power and authority, the powers granted include the power and authority to sign the names of the undersigned officers and directors in the capacities indicated below to this Registration Statement, to any and all amendments, both pre-effective and post-effective, and supplements to this Registration Statement, and to any and all instruments or documents filed as part of or in conjunction with this Registration Statement or amendments or supplements thereof, and each of the undersigned hereby ratifies and confirms that all said attorneys and agents, or any one of them, shall do or cause to be done by virtue hereof.
IN WITNESS WHEREOF, each of the undersigned has executed this Power of Attorney as of the date indicated.
Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement has been signed by the following persons on behalf of the Registrant in the capacities and on the dates indicated.
|
| | |
Name | Title | Date |
| | |
/S/ DAN ROSENSWEIG | President, Chief Executive Officer and Chairman | February 26, 2018 |
Dan Rosensweig | (Principal Executive Officer) | |
| | |
/S/ ANDREW BROWN | Chief Financial Officer | February 26, 2018 |
Andrew Brown | (Principal Financial Officer) | |
| | |
/S/ ROBIN TOMASELLO | Vice President, Corporate Controller | February 26, 2018 |
Robin Tomasello | (Principal Accounting Officer) | |
| | |
| Director | |
Jeffrey Housenbold | | |
| | |
/S/ RENEE BUDIG | Director | February 26, 2018 |
Renee Budig | | |
| | |
/S/ MARNE LEVINE | Director | February 26, 2018 |
Marne Levine | | |
| | |
/S/ RICHARD SARNOFF | Director | February 26, 2018 |
Richard Sarnoff | | |
| | |
/S/ TED SCHLEIN | Director | February 26, 2018 |
Ted Schlein | | |
| | |
| Director | |
John York | | |