Gulati Sameer 4
4 · LendingClub Corp · Filed Sep 27, 2018
Insider Transaction Report
Form 4
Gulati Sameer
Chief Operations Officer
Transactions
- Exercise/Conversion
Restricted Stock Unit (RSU)
2018-09-25−15,724→ 314,508 totalExercise: $0.00Exp: 2026-05-26→ Common Stock (15,724 underlying) - Exercise/Conversion
Common Stock
2018-09-25+15,724→ 448,231 total - Tax Payment
Common Stock
2018-09-25$3.67/sh−7,796$28,611→ 440,435 total
Footnotes (3)
- [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 2.08% of the total shares monthly over a four-year period, beginning on May 25, 2016, subject to continued service through each vesting date.