Gulati Sameer 4
4 · LendingClub Corp · Filed Dec 27, 2018
Insider Transaction Report
Form 4
Gulati Sameer
Chief Operations Officer
Transactions
- Exercise/Conversion
Restricted Stock Unit (RSU)
2018-12-25−15,725→ 267,333 totalExercise: $0.00Exp: 2026-05-26→ Common Stock (15,725 underlying) - Exercise/Conversion
Common Stock
2018-12-25+15,725→ 502,150 total - Tax Payment
Common Stock
2018-12-25$2.56/sh−7,797$19,960→ 494,353 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.