Williams Simon 4
4 · LendingClub Corp · Filed Jun 1, 2020
Insider Transaction Report
Form 4
Williams Simon
Director
Transactions
- Award
Common Stock
2020-05-28+25,952→ 25,952 total
Holdings
- 2,518
Common Stock
- 13,786
Common Stock
Footnotes (3)
- [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.