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LendingClub Corp — Director's Dealing 2021
Mar 1, 2021
31748_dirs_2021-03-01_06034b37-5c21-43a0-877a-a9bd6c61dde1.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: Sanborn Scott (CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-25 | Common Stock | M | 6881 | — | Acquired | 743893 | Direct |
| 2021-02-25 | Common Stock | F | 3623 | $10.86 | Disposed | 740270 | Direct |
| 2021-02-25 | Common Stock | M | 9329 | — | Acquired | 749599 | Direct |
| 2021-02-25 | Common Stock | F | 4912 | $11.99 | Disposed | 744687 | Direct |
| 2021-02-25 | Common Stock | M | 9984 | — | Acquired | 754671 | Direct |
| 2021-02-25 | Common Stock | F | 5257 | $11.99 | Disposed | 749414 | Direct |
| 2021-02-25 | Common Stock | M | 10190 | — | Acquired | 759604 | Direct |
| 2021-02-25 | Common Stock | F | 5366 | $11.99 | Disposed | 754238 | Direct |
| 2021-02-25 | Common Stock | M | 13495 | — | Acquired | 767733 | Direct |
| 2021-02-25 | Common Stock | F | 7106 | $11.99 | Disposed | 760627 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-25 | Restricted Stock Unit (RSU) | $0 | M | 6881 | Disposed | Common Stock (6881) | Direct | |
| 2021-02-25 | Restricted Stock Unit (RSU) | $0 | M | 9329 | Disposed | Common Stock (9329) | Direct | |
| 2021-02-25 | Restricted Stock Unit (RSU) | $0 | M | 9984 | Disposed | Common Stock (9984) | Direct | |
| 2021-02-25 | Restricted Stock Unit (RSU) | $0 | M | 10190 | Disposed | Common Stock (10190) | Direct | |
| 2021-02-25 | Restricted Stock Unit (RSU) | $0 | M | 13495 | Disposed | Common Stock (13495) | 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 May 25, 2017, 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, 2018, 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 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 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.
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.