Michael P. Zeisser - Jun 2, 2022 Form 4 Insider Report for LendingClub Corp (LC)

Role
Director
Signature
/s/ Brandon Pace, attorney-in-fact
Stock symbol
LC
Transactions as of
Jun 2, 2022
Transactions value $
$0
Form type
4
Date filed
6/6/2022, 06:19 PM
Previous filing
Feb 28, 2022
Next filing
Jun 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LC Common Stock Award $0 +12.4K $0.00 12.4K Jun 2, 2022 Direct F1
holding LC Common Stock 6.38K Jun 2, 2022 Direct F2
holding LC Common Stock 65.6K Jun 2, 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the annual non-employee director equity award of Restricted Stock Units ("RSUs") made under the LendingClub Corporation 2014 Equity Incentive Plan. Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. The RSUs will vest quarterly over a one-year period beginning on June 2, 2022, subject to continued service through each vesting date.
F2 Represents the unvested portion of previously granted non-employee director equity awards of RSUs made under the LendingClub Corporation 2014 Equity Incentive Plan. Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.