Filing Details
- Accession Number:
- 0001127602-16-036867
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-01-13 16:49:21
- Reporting Period:
- 2016-01-11
- Filing Date:
- 2016-01-13
- Accepted Time:
- 2016-01-13 16:49:21
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1409970 | Lendingclub Corp | LC | Finance Services (6199) | 000000000 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1625128 | John Macilwaine | C/O Lendingclub Corporation 71 Stevenson Street, Suite 300 San Francisco CA 94105 | Chief Technology Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2016-01-11 | 12,500 | $0.70 | 26,606 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2016-01-11 | 12,500 | $9.28 | 14,106 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2016-01-12 | 12,500 | $0.70 | 26,606 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2016-01-12 | 12,500 | $9.38 | 14,106 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (right to buy) | Disposition | 2016-01-11 | 12,500 | $0.00 | 12,500 | $0.70 |
| Common Stock | Stock Option (right to buy) | Disposition | 2016-01-12 | 12,500 | $0.00 | 12,500 | $0.70 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 877,240 | 2022-10-16 | No | 4 | M | Direct | |
| 864,740 | 2022-10-16 | No | 4 | M | Direct |
Footnotes
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 10, 2015.
- This transaction was executed in multiple trades during the day at prices ranging from $9.21 to $9.54. 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.
- This transaction was executed in multiple trades during the day at prices ranging from $9.21 to $9.50. 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.
- In connection with a domestic relations settlement and the acceleration of certain of the option shares, which modified the option's original vesting schedule, the option vested as to the total shares granted (the "total shares") as follows: (i) 5.68% on July 19, 2013, (ii) 22.73% on July 31,2013, (iii) 4.23% on October 31, 2013, (iv) 7.10% on each of January 31, 2014 and January 31, 2015, (v) 4.01% on April 30, 2014, (vi) 6.25% on each of July 31, 2014, April 30, 2015 and July 31, 2015, (vii) 5.4% on October 31, 2014; and will vest as to the total shares as follows: (i) 5.40% on October 31, 2015, (ii) 7.10% on January 31, 2016, (iii) 6.25% on each of April 30, 2016 and July 31, 2016; subject to continued service through each vesting date.
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