John C. Morris - 31 Oct 2023 Form 4 Insider Report for LendingClub Corp (LC)

Role
Director
Signature
/s/ Bhavit Sheth, attorney-in-fact
Issuer symbol
LC
Transactions as of
31 Oct 2023
Transactions value $
$52,283
Form type
4
Filing time
02 Nov 2023, 17:25:42 UTC
Previous filing
12 Jun 2023
Next filing
13 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LC Common Stock Purchase $52,283 +10,000 +5.8% $5.23 183,667 31 Oct 2023 Direct F1
holding LC Common Stock 16,061 31 Oct 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades during the date at prices ranging from $5.21 to $5.23. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected.
F2 Represents the unvested portion of a previously granted 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.