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Chegg's SR VP & GENERAL COUNSEL just disposed of 36 shares

Robert C. Chesnut, Chegg's SR VP & GENERAL COUNSEL, recently disposed of 36 shares of the company. The disposals took place at $4.86 per share, on February 12, 2016. Chesnut still owns 303,567 shares of the company. Chesnut operates out of Santa Clara, CA. Some additional info was provided as follows:

Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt...