Erin Selleck - Oct 31, 2023 Form 4 Insider Report for LendingClub Corp (LC)

Role
Director
Signature
/s/ Bhavit Sheth, attorney-in-fact
Stock symbol
LC
Transactions as of
Oct 31, 2023
Transactions value $
$52,425
Form type
4
Date filed
11/2/2023, 05:14 PM
Previous filing
Jun 12, 2023
Next filing
May 31, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LC Common Stock Purchase $52.4K +10K +28.46% $5.24 45.1K Oct 31, 2023 Direct F1, F2
holding LC Common Stock 23.1K Oct 31, 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades during the date at prices ranging from $5.23 to $5.25. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected.
F2 Incorporates 1,406 restricted stock units ("RSUs") that vested on November 1, 2023.
F3 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.