Filing Details

Accession Number:
0001127602-18-018434
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-05-22 17:03:10
Reporting Period:
2018-05-18
Accepted Time:
2018-05-22 17:03:10
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1409970 Lendingclub Corp LC () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1328274 Simon Williams C/O Lendingclub Corporation
71 Stevenson Street, Suite 300
San Francisco CA 94105
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 2018-05-18 30,000 $3.40 123,053 No 4 S Direct
Common Stock Disposition 2018-05-18 20,000 $3.40 28,000 No 4 S Indirect By Camelot Financial Capital Management, LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Indirect By Camelot Financial Capital Management, LLC
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 35,336 Direct
Footnotes
  1. This transaction was effected pursuant to a Rule 10b5-1 trading plan.
  2. This transaction was executed in multiple trades during the date at prices ranging from $3.37 to $3.43. 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.
  3. Represents the annual equity award of restricted stock units to each non-employee director pursuant to the approved non-employee director compensation plan. The award is made under the LendingClub Corporation 2014 Equity Incentive Plan. Each restricted stock unit represents the contingent right to receive, upon vesting of the unit, one share of the Issuer's common stock. The restricted stock units are scheduled to vest as to 25% of the total shares quarterly, over a one-year period, beginning on June 6, 2017, subject to continued service through each vesting date.