McCORD PATRICIA J 4
4 · LendingClub Corp · Filed Jun 4, 2018
Insider Transaction Report
Form 4
McCORD PATRICIA J
Director
Transactions
- Award
Common Stock
2018-05-31+60,791→ 60,791 total
Holdings
- 104,478
Common Stock
Footnotes (2)
- [F1]Represents the annual non-employee director equity award of Restricted Stock Units ("RSUs") made under the LendingClub Corporation 2014 Equity Incentive Plan. Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. The RSUs will vest quarterly over a one-year period beginning on May 31, 2018, subject to continued service through each vesting date.
- [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 25% of the total shares on February 25, 2019, with an additional 6.25% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date.