Allan R. Landon - May 20, 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 20, 2021
Transactions value $: $12,400
Form type: 4
Date filed: 5/24/2021, 06:44 PM
Previous filing: May 14, 2021
Next filing: Sep 28, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LC	Common Stock	Purchase	$12.4K	+1K	+13.18%	$12.40	8.59K	May 20, 2021	Direct
holding	LC	Common Stock						22.5K	May 20, 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.

Content

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.