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LendingClub Corp — Director's Dealing 2021
Mar 1, 2021
31748_dirs_2021-03-01_73866866-5b5f-4399-be4a-0c96fe49851a.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: 2021-02-25
Reporting Person: Koohestani Bahman (Bank-Chief Technology Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-25 | Common Stock | M | 14836 | — | Acquired | 113688 | Direct |
| 2021-02-25 | Common Stock | F | 7812 | $11.99 | Disposed | 105876 | Direct |
| 2021-02-25 | Common Stock | M | 4493 | — | Acquired | 110369 | Direct |
| 2021-02-25 | Common Stock | F | 2366 | $11.99 | Disposed | 108003 | Direct |
| 2021-02-25 | Common Stock | M | 1530 | — | Acquired | 109533 | Direct |
| 2021-02-25 | Common Stock | F | 807 | $11.99 | Disposed | 108726 | Direct |
| 2021-02-25 | Common Stock | M | 6298 | — | Acquired | 115024 | Direct |
| 2021-02-25 | Common Stock | F | 3316 | $11.99 | Disposed | 111708 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-25 | Restricted Stock Unit (RSU) | $0 | M | 14836 | Disposed | Common Stock (14836) | Direct | |
| 2021-02-25 | Restricted Stock Unit (RSU) | $0 | M | 4493 | Disposed | Common Stock (4493) | Direct | |
| 2021-02-25 | Restricted Stock Unit (RSU) | $0 | M | 1530 | Disposed | Common Stock (1530) | Direct | |
| 2021-02-25 | Restricted Stock Unit (RSU) | $0 | M | 6298 | Disposed | Common Stock (6298) | Direct |
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 August 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 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.
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, 2020, with an additional 6.25% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date.