Syed Faiz Ahmad - 15 Aug 2022 Form 4 Insider Report for LendingClub Corp (LC)

Role
Director
Signature
/s/ Brandon Pace, attorney-in-fact
Issuer symbol
LC
Transactions as of
15 Aug 2022
Net transactions value
$0
Form type
4
Filing time
17 Aug 2022, 18:41:07 UTC
Previous filing
10 Aug 2022
Next filing
28 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LC Common Stock Award $0 +10,248 $0.000000 10,248 15 Aug 2022 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: 65 RSUs vested on August 15, 2022 and 10,183 RSUs will vest on June 2, 2023, subject to continued service through the vesting date.