LendingClub Corp 4
4 · LendingClub Corp · Filed Jun 8, 2017
Insider Transaction Report
Form 4
Williams Simon
Director
Transactions
- Gift
Common Stock
2017-05-16−8,000→ 153,053 total - Award
Common Stock
2017-06-06+35,336→ 35,336 total
Holdings
- 48,000(indirect: By LLC)
Common Stock
Footnotes (2)
- [F1]This transaction represents a bona fide gift of shares to a donor advised fund.
- [F2]Represents the annual equity award of restricted stock units to each non-employee director pursuant to the approved non-employee director compensation plan. The award is made 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 6, 2017, subject to continued service through each vesting date.