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Chegg's CHIEF BUSINESS OFFICER just disposed of 123 shares

Anne M. Dwane, Chegg's CHIEF BUSINESS OFFICER, recently disposed of 123 shares of the company. The disposals took place at $7.03 per share, on November 12, 2015. Dwane still owns 447,595 shares of the company. Dwane 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...