PROOF OF CLAIM AND RELEASE FORM
I. GENERAL INSTRUCTIONS
1. To recover as a member of the Settlement Class based on your claim in the action entitled Leventhal v. Chegg, Inc., et al., No. 5:21-cv-09953 (N.D. Cal.) (the “Action”), you must complete and electronically sign this Proof of Claim and Release form (“Claim Form”). If you fail to submit a timely Claim Form, your claim may be rejected, and you may not receive any recovery from the Net Settlement Fund created in connection with the proposed Settlement.2. Submission of this Claim Form, however, does not ensure that you will share in the proceeds of the Settlement of the Action.
3. THIS CLAIM FORM MUST BE SUBMITTED NO LATER THAN MARCH 31, 2025.
4. Do not mail or deliver your Claim Form to the Court, the Parties to this Action, or their counsel. Submit your Claim Form only to the Claims Administrator.
5. If you are a member of the Settlement Class, you are bound by the terms of any judgment entered in the Action, including the releases provided for therein, WHETHER OR NOT YOU SUBMIT A CLAIM FORM OR RECEIVE A PAYMENT.
II. CLAIMANT IDENTIFICATION
1. If you purchased or otherwise acquired common stock of Chegg, Inc. (“Chegg”) between May 5, 2020, and November 1, 2021, inclusive (the “Settlement Class Period”), and were allegedly damaged thereby, and held the common stock in your name, you are the beneficial owner as well as the record owner. If, however, you purchased or otherwise acquired Chegg common stock during the Class Period through a third party, such as a brokerage firm, you are the beneficial owner, and the third party is the record owner.2. Use Part I of this form entitled “Claimant Information” to identify each beneficial owner of Chegg common stock that forms the basis of this claim, as well as the owner of record if different. THIS CLAIM MUST BE FILED BY THE ACTUAL BENEFICIAL OWNERS OR THE LEGAL REPRESENTATIVE OF SUCH OWNERS
3. All joint owners must electronically sign this claim. Executors, administrators, guardians, conservators, and trustees must complete and electronically sign this claim on behalf of persons they represent and their authority must accompany this claim and their titles or capacities must be stated. The Social Security (or Taxpayer Identification) Number and telephone number of the beneficial owner may be used in verifying the claim. Failure to provide the foregoing information could delay verification of your claim or result in rejection of the claim.
III. IDENTIFICATION OF TRANSACTIONS
1. Use Part II of this form entitled “Schedule of Transactions in Chegg Common Stock” to supply all required details of your transaction(s) in Chegg common stock.2. On the schedules, provide all the requested information with respect to your holdings, purchases, acquisitions, and sales of Chegg common stock, whether the transactions resulted in a profit or a loss. Failure to report all such transactions may result in the rejection of your claim.
3. The date of covering a “short sale” is deemed to be the date of purchase or acquisition of the Chegg common stock. The date of a “short sale” is deemed to be the date of sale of the Chegg common stock.
4. Copies of broker confirmations or other documentation of your transactions must be provided during the “Upload Supporting Documents” section of this claim. Failure to provide this documentation could delay verification of your claim or result in rejection of your claim. THE PARTIES DO NOT HAVE INFORMATION ABOUT YOUR TRANSACTIONS IN CHEGG COMMON STOCK.