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Filing Details

Accession Number:: 0001127602-22-026513
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-11-29 20:14:12
Reporting Period:: 2022-11-25

Accepted Time:: 2022-11-29 20:14:12
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1409970	Lendingclub Corp	LC	Personal Credit Institutions (6141)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1714400	Fergal Stack	C/O Lendingclub Corporation 595 Market St. #200 San Francisco CA 94105	Svp, Corporate Controller	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2022-11-25	2,396	$0.00	138,910	No	4	M	Direct
Common Stock	Acquisiton	2022-11-25	5,099	$0.00	144,009	No	4	M	Direct
Common Stock	Acquisiton	2022-11-25	4,442	$0.00	148,451	No	4	M	Direct
Common Stock	Acquisiton	2022-11-25	3,118	$0.00	151,569	No	4	M	Direct
Common Stock	Disposition	2022-11-28	6,240	$10.09	145,329	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	M	Direct
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Unit (RSU)	Disposition	2022-11-25	2,396	$0.00	2,396	$0.00
Common Stock	Restricted Stock Unit (RSU)	Disposition	2022-11-25	5,099	$0.00	5,099	$0.00
Common Stock	Restricted Stock Unit (RSU)	Disposition	2022-11-25	4,442	$0.00	4,442	$0.00
Common Stock	Restricted Stock Unit (RSU)	Disposition	2022-11-25	3,118	$0.00	3,118	$0.00

Remaning Holdings	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
2,397	No	4	M	Direct
25,492	No	4	M	Direct
22,210	No	4	M	Direct
28,059	No	4	M	Direct

Footnotes

Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer's election under its 2014 Equity Incentive Plan to require the satisfaction of tax withholding obligations with respect to the Reporting Person to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
This transaction was executed in multiple trades during the day at prices ranging from $9.93 to $10.30. 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.
The RSUs vested as to 6.25% of the total shares on May 25, 2019, with an additional 6.25% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date.
Not applicable.
The RSUs vested as to 6.25% of the total shares on May 25, 2020, with an additional 6.25% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date.
The RSUs vested as to 8.33% of the total shares on May 25, 2021, with an additional 8.33% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date.
The RSUs vested as to 8.33% of the total shares on May 25, 2022, with an additional 8.33% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date.