Erin Selleck - 02 Jun 2022 Form 4 Insider Report for LendingClub Corp (LC)

Role
Director
Signature
/s/ Brandon Pace, attorney-in-fact
Issuer symbol
LC
Transactions as of
02 Jun 2022
Net transactions value
$0
Form type
4
Filing time
06 Jun 2022, 18:16:39 UTC
Previous filing
28 Sep 2021
Next filing
12 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LC Common Stock Award $0 +12,423 $0.000000 12,423 02 Jun 2022 Direct F1
holding LC Common Stock 15,466 02 Jun 2022 Direct F2
holding LC Common Stock 8,923 02 Jun 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the annual non-employee director equity award of Restricted Stock Units ("RSUs") made under the LendingClub Corporation 2014 Equity Incentive Plan. Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. The RSUs will vest quarterly over a one-year period beginning on June 2, 2022, subject to continued service through each vesting date.
F2 Represents the unvested portion of previously granted non-employee director equity awards of RSUs made under the LendingClub Corporation 2014 Equity Incentive Plan. Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.