LendingClub Corp 4
4 · LendingClub Corp · Filed Jun 30, 2016
Insider Transaction Report
Form 4
Ciporin Daniel T
Director
Transactions
- Award
Common Stock
2016-06-28+43,384→ 1,004,809 total
Holdings
- 48,272(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]Represents a grant of restricted stock units under the LendingClub Corporation 2014 Equity Incentive Plan. Each restricted stock unit represents the contingent right to receive, upon vesting of the unit, one share of the issuer's common stock. The restricted stock units are scheduled to vest as to 25% of the total shares quarterly, over a one-year period, beginning on June 28, 2016, subject to continued service through each vesting date.
- [F2]The shares are held of record by Jill Ciporin, Trustee of Daniel Ciporin 2014 Family Trust. The reporting person's spouse is a trustee of the trust and the reporting person shares investment power over the shares held by the trust.