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
- 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.
- 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.
- 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.