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LendingClub Corp — Director's Dealing 2021
May 27, 2021
31748_dirs_2021-05-27_25dac425-df0d-4796-bfaf-f61321a52bbe.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: Koohestani Bahman (Bank-Chief Technology Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-05-25 | Common Stock | M | 14837 | — | Acquired | 126545 | Direct |
| 2021-05-25 | Common Stock | F | 7812 | $13.90 | Disposed | 118733 | Direct |
| 2021-05-25 | Common Stock | M | 1529 | — | Acquired | 120262 | Direct |
| 2021-05-25 | Common Stock | F | 806 | $13.90 | Disposed | 119456 | Direct |
| 2021-05-25 | Common Stock | M | 4493 | — | Acquired | 123949 | Direct |
| 2021-05-25 | Common Stock | F | 2366 | $13.90 | Disposed | 121583 | Direct |
| 2021-05-25 | Common Stock | M | 6298 | — | Acquired | 127881 | Direct |
| 2021-05-25 | Common Stock | F | 3316 | $13.90 | Disposed | 124565 | Direct |
| 2021-05-25 | Common Stock | M | 4389 | — | Acquired | 128954 | Direct |
| 2021-05-25 | Common Stock | F | 2311 | $13.90 | Disposed | 126643 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-25 | Restricted Stock Unit (RSU) | $0 | M | 14837 | Disposed | Common Stock (14837) | Direct | |
| 2021-05-25 | Restricted Stock Unit (RSU) | $0 | M | 1529 | Disposed | Common Stock (1529) | Direct | |
| 2021-05-25 | Restricted Stock Unit (RSU) | $0 | M | 4493 | Disposed | Common Stock (4493) | Direct | |
| 2021-05-25 | Restricted Stock Unit (RSU) | $0 | M | 6298 | Disposed | Common Stock (6298) | Direct | |
| 2021-05-25 | Restricted Stock Unit (RSU) | $0 | M | 4389 | Disposed | Common Stock (4389) | 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 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.