Filing Details

Accession Number:
0000899243-16-034516
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-11-30 10:16:03
Reporting Period:
2016-11-28
Filing Date:
2016-11-30
Accepted Time:
2016-11-30 10:16:03
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1409970 Lendingclub Corp LC () DE
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1327625 Canaan Vii Lp 285 Riverside Avenue, Suite 250
Westport CT 06880
Yes No No No
1514133 Canaan Partners Vii Llc 285 Riverside Avenue, Suite 250
Westport CT 06880
Yes No 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 Disposition 2016-11-28 15,300 $5.92 918,375 No 4 S Direct
Common Stock Disposition 2016-11-29 918,375 $5.66 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.865 - $5.94, inclusive. The reporting persons undertake to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  2. Canaan Partners VII LLC ("Canaan VII") and, together with Canaan VII LP (the "Canaan Fund"), the "Canaan Entities", is the sole general partner of the Canaan Fund, and each may be deemed to have sole voting, investment and dispositive power with respect to the shares held by the Canaan Fund. Daniel Ciporin, an officer of Canaan VII, serves as the representative of the Canaan Entities on the issuer's board of directors. Investment and voting decisions with respect to the shares held by the Canaan Fund are made by the managers of Canaan VII, collectively, and no manager of Canaan VII has beneficial ownership of any shares held by the Canaan Fund. Canaan VII disclaims Section 16 beneficial ownership of the shares held by the Canaan Fund, except to the extent, if any, of its pecuniary interest therein.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.545 - $5.78, inclusive. The reporting persons undertake to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.