PACE BRANDON 4
4 · LendingClub Corp · Filed Jun 20, 2023
Insider Transaction Report
Form 4
PACE BRANDON
General Counsel and Secretary
Transactions
- Tax Payment
Common Stock
2023-06-15$9.41/sh−23,581$221,897→ 204,005 total - Exercise/Conversion
Common Stock
2023-06-15+44,787→ 227,586 total - Award
Restricted Stock Unit (RSU)
2023-06-15+44,787→ 44,787 totalExercise: $0.00→ Common Stock (44,787 underlying) - Exercise/Conversion
Restricted Stock Unit (RSU)
2023-06-15−44,787→ 0 totalExercise: $0.00→ Common Stock (44,787 underlying)
Footnotes (5)
- [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]Does not represent a sale of shares. Represents the number of shares withheld by the Issuer to cover tax withholding obligations in connection with the vesting of RSUs.
- [F3]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 the period of June 2020 through May 2023. The RSUs vested as to 100% of the total shares on June 15, 2023.
- [F4]Not applicable.
- [F5]The RSUs vested as to 100% of the total shares on June 15, 2023.