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
- Purchased pursuant to the exercise of options described in Table II.
- 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.
- Represents the amount of Common Stock that may be acquired or beneficially owned through derivative securities, as applicable.
- Option has either expired or been exercised, as applicable.
- 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.