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LendingClub Corp — Director's Dealing 2021
Nov 29, 2021
31748_dirs_2021-11-29_33679a86-8091-44e7-8d40-1af03bc9ec4d.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: 2021-11-05
Reporting Person: PACE BRANDON (Chief Administrative Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-11-05 | Common Stock | G | 1753 | — | Disposed | 82651 | Direct |
| 2021-11-25 | Common Stock | M | 3171 | — | Acquired | 85822 | Direct |
| 2021-11-25 | Common Stock | F | 1670 | $38.07 | Disposed | 84152 | Direct |
| 2021-11-25 | Common Stock | M | 1938 | — | Acquired | 86090 | Direct |
| 2021-11-25 | Common Stock | F | 1021 | $38.07 | Disposed | 85069 | Direct |
| 2021-11-25 | Common Stock | M | 5690 | — | Acquired | 90759 | Direct |
| 2021-11-25 | Common Stock | F | 2996 | $38.07 | Disposed | 87763 | Direct |
| 2021-11-25 | Common Stock | M | 5878 | — | Acquired | 93641 | Direct |
| 2021-11-25 | Common Stock | F | 3095 | $38.07 | Disposed | 90546 | Direct |
| 2021-11-25 | Common Stock | M | 6097 | — | Acquired | 96643 | Direct |
| 2021-11-25 | Common Stock | F | 3211 | $38.07 | Disposed | 93432 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-11-25 | Restricted Stock Unit (RSU) | $0 | M | 3171 | Disposed | Common Stock (3171) | Direct | |
| 2021-11-25 | Restricted Stock Unit (RSU) | $0 | M | 1938 | Disposed | Common Stock (1938) | Direct | |
| 2021-11-25 | Restricted Stock Unit (RSU) | $0 | M | 5690 | Disposed | Common Stock (5690) | Direct | |
| 2021-11-25 | Restricted Stock Unit (RSU) | $0 | M | 5878 | Disposed | Common Stock (5878) | Direct | |
| 2021-11-25 | Restricted Stock Unit (RSU) | $0 | M | 6097 | Disposed | Common Stock (6097) | Direct |
Footnotes
F1: Transaction represents the transfer of 1,753 shares by the Reporting Person of Issuer common stock by bona fide gift.
F2: Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
F3: Represents the number of shares withheld by the Issuer to cover tax withholding obligations in connection with the vesting of RSUs.
F4: 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.
F5: Not applicable.
F6: 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.
F7: 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.
F8: 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.
F9: 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.