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LendingClub Corp — Director's Dealing 2021
May 27, 2021
31748_dirs_2021-05-27_df6e9cf1-b3fe-4553-b029-47d24b280e30.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: ARMSTRONG ANNIE (Chief Risk Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-05-25 | Common Stock | M | 95108 | — | Acquired | 95108 | Direct |
| 2021-05-25 | Common Stock | F | 38232 | $13.90 | Disposed | 56876 | Direct |
| 2021-05-25 | Common Stock | M | 5487 | — | Acquired | 62363 | Direct |
| 2021-05-25 | Common Stock | F | 2721 | $13.90 | Disposed | 59642 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-25 | Restricted Stock Unit (RSU) | $0 | M | 95108 | Disposed | Common Stock (95108) | Direct | |
| 2021-05-25 | Restricted Stock Unit (RSU) | $0 | M | 5487 | Disposed | Common Stock (5487) | 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 25% of the total shares on May 25, 2021, 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 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.