Allan R. Landon - May 6, 2021 Form 4 Insider Report for LendingClub Corp (LC)

Role: Director
Signature: /s/ Brandon Pace, attorney-in-fact
Stock symbol: LC
Transactions as of: May 6, 2021
Transactions value $: $34,550
Form type: 4
Date filed: 5/10/2021, 09:07 PM
Next filing: May 12, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LC	Common Stock	Purchase	$34.6K	+2.5K	+2808.99%	$13.82	2.59K	May 6, 2021	Direct	F1
holding	LC	Common Stock						22.5K	May 6, 2021	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This transaction was executed in multiple trades during the date at prices ranging from $13.62 to $13.96. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected.
F2	Represents a grant of Restricted Stock Units ("RSU") under the LendingClub Corporation 2014 Equity Incentive Plan. Each RSU represents the contingent right to receive, upon vesting of the unit, one share of the Issuer's common stock. The RSUs are subject to the following vesting schedule: 89 RSUs vested on February 1, 2021, 5,654 RSUs will vest on February 1, 2022, and an additional 6.22% of the total RSUs will vest each quarter thereafter, subject to continued service through each vesting date.

Content

This transaction was executed in multiple trades during the date at prices ranging from $13.62 to $13.96. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected.

Represents a grant of Restricted Stock Units ("RSU") under the LendingClub Corporation 2014 Equity Incentive Plan. Each RSU represents the contingent right to receive, upon vesting of the unit, one share of the Issuer's common stock. The RSUs are subject to the following vesting schedule: 89 RSUs vested on February 1, 2021, 5,654 RSUs will vest on February 1, 2022, and an additional 6.22% of the total RSUs will vest each quarter thereafter, subject to continued service through each vesting date.