Dunne Patrick J 4
4 · LendingClub Corp · Filed May 30, 2018
Insider Transaction Report
Form 4
Dunne Patrick J
Chief Capital Officer
Transactions
- Tax Payment
Common Stock
2018-05-25$3.37/sh−6,737$22,704→ 107,190 total - Exercise/Conversion
Common Stock
2018-05-25+13,587→ 62,621 total - Exercise/Conversion
Common Stock
2018-05-25+51,306→ 113,927 total - Exercise/Conversion
Restricted Stock Unit (RSU)
2018-05-25−51,306→ 769,590 totalExercise: $0.00→ Common Stock (51,306 underlying) - Tax Payment
Common Stock
2018-05-25$3.26/sh−25,438$82,928→ 81,752 total - Exercise/Conversion
Restricted Stock Unit (RSU)
2018-05-25−13,587→ 122,283 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]The RSUs vested 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
- [F4]The RSUs vested 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.