Filing Details
- Accession Number:
- 0001127602-19-019385
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-05-21 19:28:35
- Reporting Period:
- 2019-05-17
- Accepted Time:
- 2019-05-21 19:28:35
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1409970 | Lendingclub Corp | LC | Services-Business Services, Nec (7389) | 000000000 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1544567 | G Mary Meeker | C/O Lendingclub Corporation 595 Market St. #200 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 | 2019-05-17 | 350,500 | $3.31 | 178,081 | No | 4 | S | Indirect | By KPCB Holdings, Inc., As Nominee |
Common Stock | Disposition | 2019-05-20 | 40,333 | $3.25 | 137,748 | No | 4 | S | Indirect | By KPCB Holdings, Inc., As Nominee |
Common Stock | Disposition | 2019-05-21 | 137,748 | $3.26 | 0 | No | 4 | S | Indirect | By KPCB Holdings, Inc., As Nominee |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Indirect | By KPCB Holdings, Inc., As Nominee |
No | 4 | S | Indirect | By KPCB Holdings, Inc., As Nominee |
No | 4 | S | Indirect | By KPCB Holdings, Inc., As Nominee |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 15,198 | Direct | |
Common Stock | 312,855 | Direct |
Footnotes
- This transaction was executed in multiple trades during the day at prices ranging from $3.26 to $3.36. 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.
- The reporting person is a managing member of KPCB DGF Associates, LLC, which is the managing member of KPCB Digital Growth Fund, LLC ("KPCB Growth") and KPCB DGF Founders Fund, LLC ("KPCB FF"). KPCB Holdings, Inc., as nominee, holds the stock for the account of KPCB Growth and KPCB FF. The reporting person may be deemed to share voting and investment power over the securities held by KPCB Growth and KPCB FF. The reporting person disclaims beneficial ownership over such securities except to the extent of her pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
- This transaction was executed in multiple trades during the day at prices ranging from $3.25 to $3.33. 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.
- This transaction was executed in multiple trades during the day at prices ranging from $3.25 to $3.30. 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.
- Represents the unvested portion of the annual non-employee director equity award of Restricted Stock Units ("RSUs") made under the LendingClub Corporation 2014 Equity Incentive Plan. Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. The RSUs will vest quarterly over a one-year period beginning on May 31, 2018, subject to continued service through each vesting date.