Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LC | Common Stock | Award | $0 | +14.9K | $0.00 | 14.9K | Jul 29, 2021 | Direct | F1 |
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: 42 RSUs vested on July 29, 2021, 3,734 RSUs will vest on July 29, 2022, and an additional 6.23% of the total RSUs will vest each quarter thereafter, subject to continued service through each vesting date. |