LaBenne Andrew, CFO, reported a transaction classified as withholding at LendingClub Corp involving 22733.000000 shares for an estimated $283480.51. Reported holdings after the transaction were 171522.000000 shares. A 10b5-1 reference was not detected in the stored filing text.
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Chief Financial Officer
Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
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.
Aggregates 5,000 shares of Issuer's common stock held in each of two UTMA accounts for children of the Reporting Person.
The RSUs vested as to 33.33% of the total shares on August 25, 2023, with an additional 8.33% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date.
Not applicable.
The RSUs vested as to 8.33% of the total shares on May 25, 2023, with an additional 8.33% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date.
The RSUs vested as to 8.33% of the total shares on May 25, 2024, with an additional 8.33% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date.
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