Adrienne Harris - 29 Jul 2021 Form 4 Insider Report for LendingClub Corp (LC)

Role
Director
Signature
/s/ Brandon Pace, attorney-in-fact
Issuer symbol
LC
Transactions as of
29 Jul 2021
Net transactions value
$0
Form type
4
Filing time
02 Aug 2021, 19:10:45 UTC

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LC Common Stock Award $0 +14,935 $0.000000 14,935 29 Jul 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: 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.