Filing Details
- Accession Number:
- 0001127602-24-026861
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-11-08 17:31:39
- Reporting Period:
- 2024-11-07
- Accepted Time:
- 2024-11-08 17:31:39
- 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 |
---|---|---|---|---|---|---|---|
1397362 | Scott Sanborn | C/O Lendingclub Corporation 595 Market St. #200 San Francisco CA 94105 | Ceo | Yes | Yes | 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 | 2024-11-07 | 17,000 | $14.89 | 1,339,273 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct |
Footnotes
- This transaction was effected pursuant to a Rule 10b5-1 trading plan (the "Plan") to diversify the assets of the Reporting Person. As disclosed in, and as of the filing date of, the Issuer's Form 10-Q for the period ending June 30, 2024, the maximum number of shares that can be sold under the Plan, inclusive of the reported transaction, represents 4.2% of the Reporting Person's equity interest in the Issuer. Transactions effected pursuant to the Plan represent the first sales of Issuer stock by the Reporting Person during his eight years as Chief Executive Officer, other than sales in connection with equity related tax obligations.
- This transaction was executed in multiple trades during the date at prices ranging from $14.62 to $15.20. 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.