Stephen M. Cutler - 23 Mar 2023 Form 4 Insider Report for LendingClub Corp (LC)

Role
Director
Signature
/s/ Brandon Pace, attorney-in-fact
Issuer symbol
LC
Transactions as of
23 Mar 2023
Net transactions value
$0
Form type
4
Filing time
27 Mar 2023, 18:20:24 UTC
Next filing
09 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LC Common Stock Award $0 +5,790 $0.000000 5,790 23 Mar 2023 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: 149 RSUs vested on March 23, 2023 and 5,641 RSUs will vest on June 2, 2023, subject to continued service through the vesting date.