Home/Filings/4/0001127602-20-018308
4//SEC Filing

Ciporin Daniel T 4

Accession 0001127602-20-018308

CIK 0001409970other

Filed

May 31, 8:00 PM ET

Accepted

Jun 1, 9:05 PM ET

Size

7.6 KB

Accession

0001127602-20-018308

Insider Transaction Report

Form 4
Period: 2020-05-28
Transactions
  • Award

    Common Stock

    2020-05-28+25,95225,952 total
Holdings
  • Common Stock

    2,518
  • Common Stock

    (indirect: By Trust)
    9,654
  • Common Stock

    231,737
Footnotes (4)
  • [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 28, 2020, subject to continued service through each vesting date.
  • [F2]Represents the unvested portion of a previously granted non-employee director equity award of 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.
  • [F3]A 1-for-5 reverse stock split of the Issuer's common stock became effective on July 5, 2019 (the "Reverse Stock Split"). This amount has been adjusted to reflect the Reverse Stock Split.
  • [F4]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.

Issuer

LendingClub Corp

CIK 0001409970

Entity typeother

Related Parties

1
  • filerCIK 0001295750

Filing Metadata

Form type
4
Filed
May 31, 8:00 PM ET
Accepted
Jun 1, 9:05 PM ET
Size
7.6 KB