Filing Details

Accession Number:
0000947871-16-001291
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-06-21 21:25:38
Reporting Period:
2016-06-17
Filing Date:
2016-06-21
Accepted Time:
2016-06-21 21:25:38
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1409970 Lendingclub Corp LC () D8
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1318400 Ltd Media Shanda 8 Stevens Road
Singapore U0 257819
No No Yes No
1622346 Ltd Holdings Management Asset Shanda 8 Stevens Road
Singapore U0 257819
No No Yes No
1633666 Premium Lead Co Ltd. 8 Stevens Road
Singapore U0 257819
No No Yes No
1633667 Shanda Technology Overseas Capital Co. 8 Stevens Road
Singapore U0 257819
No No Yes No
1677229 Qiao Tian Chen 8 Stevens Road
Singapore U0 257819
No No Yes 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 2016-06-17 6,000,000 $5.00 57,739,270 No 4 P Indirect See Footnote
Common Stock Acquisiton 2016-06-17 12,499,900 $4.00 57,739,270 No 4 P Indirect See Footnote
Common Stock Acquisiton 2016-06-17 5,800,000 $3.00 57,739,270 No 4 P Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See Footnote
No 4 P Indirect See Footnote
No 4 P Indirect See Footnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Put Option (obligation to buy) Disposition 2016-06-17 2,500,000 $0.00 2,500,000 $4.00
Common Stock Put Option (obligation to buy) Disposition 2016-06-17 800,000 $0.00 800,000 $4.00
Common Stock Put Option (obligation to buy) Disposition 2016-06-17 4,000,000 $0.00 4,000,000 $5.00
Common Stock Put Option (obligation to buy) Disposition 2016-06-17 2,000,000 $0.00 2,000,000 $5.00
Common Stock Call Option (right to buy) Disposition 2016-06-17 8,113,900 $0.00 8,113,900 $4.00
Common Stock Call Option (right to buy) Disposition 2016-06-17 3,086,000 $0.00 3,086,000 $4.00
Common Stock Call Option (right to buy) Disposition 2016-06-17 4,500,000 $0.00 4,500,000 $3.00
Common Stock Call Option (right to buy) Disposition 2016-06-17 1,300,000 $0.00 1,300,000 $3.00
Common Stock Call Option (right to buy) Disposition 2016-06-17 1,300,000 $0.00 1,300,000 $4.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2016-05-10 2016-06-17 No 4 E Indirect
0 2016-05-11 2016-06-17 No 4 E Indirect
0 2016-05-09 2016-06-17 No 4 X Indirect
0 2016-05-10 2016-06-17 No 4 X Indirect
0 2016-05-11 2016-06-17 No 4 X Indirect
0 2016-05-12 2016-06-17 No 4 X Indirect
0 2016-05-12 2016-06-17 No 4 X Indirect
0 2016-06-14 2016-06-17 No 4 X Indirect
0 2016-06-14 2016-06-17 No 4 X Indirect
Footnotes
  1. Purchased pursuant to the exercise of options described in Table II.
  2. The securities disclosed in this Form 4 (except for Put Options set forth in Table II) are directly held by Shanda Asset Management Holdings Limited. Mr. Tianqiao Chen is the sole shareholder of Shanda Media Limited. Shanda Media Limited owns 70% of all outstanding and issued shares of Premium Lead Company Limited which is the sole shareholder of Shanda Technology Overseas Capital Company Limited. Shanda Technology Overseas Capital Company Limited is the sole shareholder of Shanda Asset Management Holdings Limited. Therefore each of Mr. Tianqiao Chen, Shanda Media Limited, Premium Lead Company Limited, Shanda Technology Overseas Capital Company Limited and Shanda Asset Management Holdings Limited may be deemed to be the beneficial owners of such securities.
  3. Represents the amount of Common Stock that may be acquired or beneficially owned through derivative securities, as applicable.
  4. Option has either expired or been exercised, as applicable.
  5. The Put Options set forth in Table II represent an obligation on the part of Shanda Asset Management Holdings Limited to buy the underlying Common Stock from the holders of such options, at such holders' discretion.