Allan R. Landon - May 12, 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 12, 2021
Transactions value $
$18,188
Form type
4
Date filed
5/14/2021, 07:23 PM
Previous filing
May 12, 2021
Next filing
May 24, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LC Common Stock Purchase $9.19K +750 +12.32% $12.25 6.84K May 12, 2021 Direct
transaction LC Common Stock Purchase $9K +750 +10.97% $12.00 7.59K May 13, 2021 Direct
holding LC Common Stock 22.5K May 12, 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.