Ronnie Momen - Mar 13, 2022 Form 4 Insider Report for LendingClub Corp (LC)

Role
Bank-Chief of Consumer Banking
Signature
/s/ Bhavit Sheth, attorney-in-fact
Stock symbol
LC
Transactions as of
Mar 13, 2022
Transactions value $
$0
Form type
4
Date filed
3/15/2022, 08:30 PM
Previous filing
Mar 1, 2022
Next filing
May 27, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LC Restricted Stock Unit (RSU) Award $0 +123K $0.00 123K Mar 13, 2022 Common Stock 123K $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
F2 Represents a grant of RSUs under the Issuer's 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 will vest as to 8.33% of the total shares on May 25, 2022, with an additional 8.33% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date.