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LendingClub Corp — Director's Dealing 2021
May 27, 2021
31748_dirs_2021-05-27_6445509c-0d3c-4bdb-88fd-e28df915dee1.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LendingClub Corp (LC)
CIK: 0001409970
Period of Report: 2021-05-25
Reporting Person: CASEY THOMAS W (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-05-25 | Common Stock | M | 11194 | — | Acquired | 190408 | Direct |
| 2021-05-25 | Common Stock | F | 5461 | $13.90 | Disposed | 184947 | Direct |
| 2021-05-25 | Common Stock | M | 3057 | — | Acquired | 188004 | Direct |
| 2021-05-25 | Common Stock | F | 1440 | $13.90 | Disposed | 186564 | Direct |
| 2021-05-25 | Common Stock | M | 8985 | — | Acquired | 195549 | Direct |
| 2021-05-25 | Common Stock | F | 4230 | $13.90 | Disposed | 191319 | Direct |
| 2021-05-25 | Common Stock | M | 12596 | — | Acquired | 203915 | Direct |
| 2021-05-25 | Common Stock | F | 5362 | $13.90 | Disposed | 198553 | Direct |
| 2021-05-25 | Common Stock | M | 12193 | — | Acquired | 210746 | Direct |
| 2021-05-25 | Common Stock | F | 4798 | $13.90 | Disposed | 205948 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-25 | Restricted Stock Unit (RSU) | $0 | M | 11194 | Disposed | Common Stock (11194) | Direct | |
| 2021-05-25 | Restricted Stock Unit (RSU) | $0 | M | 3057 | Disposed | Common Stock (3057) | Direct | |
| 2021-05-25 | Restricted Stock Unit (RSU) | $0 | M | 8985 | Disposed | Common Stock (8985) | Direct | |
| 2021-05-25 | Restricted Stock Unit (RSU) | $0 | M | 12596 | Disposed | Common Stock (12596) | Direct | |
| 2021-05-25 | Restricted Stock Unit (RSU) | $0 | M | 12193 | Disposed | Common Stock (12193) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 10000 | Indirect |
Footnotes
F1: Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
F2: Represents the number of shares withheld by the Issuer to cover tax withholding obligations in connection with the vesting of RSUs.
F3: The RSUs vested as to 6.25% of the total shares on May 25, 2018, with an additional 6.25% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date.
F4: Not applicable.
F5: The RSUs vested as to 25% of the total shares on May 25, 2020, with an additional 12.5% of the total shares vesting quarterly thereafter, subject to continuous service through each vesting date.
F6: 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.
F7: 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.
F8: 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.