Dunne Patrick J 4
4 · LendingClub Corp · Filed Feb 27, 2018
Insider Transaction Report
Form 4
Dunne Patrick J
Chief Capital Officer
Transactions
- Tax Payment
Common Stock
2018-02-25$3.35/sh−6,737$22,569→ 49,034 total - Exercise/Conversion
Common Stock
2018-02-25+13,587→ 55,771 total - Award
Restricted Stock Unit (RSU)
2018-02-24+820,896→ 820,896 totalExercise: $0.00→ Common Stock (820,896 underlying) - Exercise/Conversion
Restricted Stock Unit (RSU)
2018-02-25−13,587→ 135,870 totalExercise: $0.00Exp: 2026-08-25→ Common Stock (13,587 underlying)
Footnotes (4)
- [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 the number of shares withheld by the Issuer to cover tax withholding obligations in connection with the vesting of RSUs.
- [F3]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 6.25% of the total shares on May 25, 2018, with an additional 6.25% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date.
- [F4]The RSUs are scheduled to vest as to 25% of the total shares on August 25, 2017, with an additional 6.25% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date