ALLOCCA STEVEN 4
4 · LendingClub Corp · Filed Mar 16, 2020
Insider Transaction Report
Form 4
ALLOCCA STEVEN
President
Transactions
- Award
Restricted Stock Unit (RSU)
2020-03-12+20,384→ 20,384 totalExercise: $0.00→ Common Stock (20,384 underlying)
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 a grant of RSUs under the Issuer's 2014 Equity Incentive Plan as a result of the Issuer's achievement of certain performance criteria for 2019/2020. The RSUs will vest as to 25% of the total shares on May 25, 2020, with an additional 12.5% of the total shares vesting quarterly thereafter, subject to continuous service through each vesting date.
- [F3]Not applicable.