Andrew LaBenne - 21 Mar 2024 Form 4 Insider Report for LendingClub Corp (LC)

Signature
/s/ Bhavit Sheth, attorney-in-fact
Issuer symbol
LC
Transactions as of
21 Mar 2024
Transactions value $
$0
Form type
4
Filing time
25 Mar 2024, 20:46:50
Previous filing
27 Feb 2024
Next filing
29 May 2024

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 +147K $0.00 147K 21 Mar 2024 Common Stock 147K $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, 2024, with an additional 8.33% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date.