| 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 | |
| transaction | LC | Common Stock | Sale | -$23.3K | -2.68K | -4.47% | $8.70 | 57.2K | Jun 12, 2024 | Direct | F2 |
| holding | LC | Common Stock | 4.22K | Jun 11, 2024 | Direct | F3 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| 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 | This transaction was effected pursuant to a Rule 10b5-1 trading plan. |
| F3 | 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. |