Allan R. Landon - Jun 11, 2024 Form 4 Insider Report for LendingClub Corp (LC)

Role
Director
Signature
/s/ Bhavit Sheth, attorney-in-fact
Stock symbol
LC
Transactions as of
Jun 11, 2024
Transactions value $
$0
Form type
4
Date filed
6/13/2024, 05:41 PM
Previous filing
Nov 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LC Common Stock Award $0 +24.5K $0.00 24.5K Jun 11, 2024 Direct F1
holding LC Common Stock 4.22K Jun 11, 2024 Direct F2
holding LC Common Stock 97.5K Jun 11, 2024 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 11, 2024, subject to continued service through each vesting date.
F2 Represents the unvested portion of a previously granted non-employee director equity award 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.