Ciporin Daniel T 4
4 · LendingClub Corp · Filed Jun 7, 2019
Insider Transaction Report
Form 4
Ciporin Daniel T
Director
Transactions
- Award
Common Stock
2019-06-05+50,336→ 50,336 total
Holdings
- 1,120,936
Common Stock
- 48,272(indirect: By Trust)
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 June 5, 2019, subject to continued service through each vesting date.
- [F2]The shares are held of record by Jill Ciporin, Trustee of Daniel Ciporin 2014 Family Trust. The Reporting Person's spouse is a trustee of the trust and the Reporting Person shares investment power over the shares held by the trust.