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LendingClub Corp — Director's Dealing 2021
Mar 1, 2021
31748_dirs_2021-03-01_1799775e-3a5d-47ff-a191-89cf5484ab05.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: Kay Valerie (Bank-Chief Capital Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-25 | Common Stock | M | 2459 | — | Acquired | 76033 | Direct |
| 2021-02-25 | Common Stock | F | 1343 | $10.86 | Disposed | 74690 | Direct |
| 2021-02-25 | Common Stock | M | 7233 | — | Acquired | 81923 | Direct |
| 2021-02-25 | Common Stock | F | 3899 | $11.99 | Disposed | 78024 | Direct |
| 2021-02-25 | Common Stock | M | 4493 | — | Acquired | 82517 | Direct |
| 2021-02-25 | Common Stock | F | 2413 | $11.99 | Disposed | 80104 | Direct |
| 2021-02-25 | Common Stock | M | 1530 | — | Acquired | 81634 | Direct |
| 2021-02-25 | Common Stock | F | 822 | $11.99 | Disposed | 80812 | Direct |
| 2021-02-25 | Common Stock | M | 6298 | — | Acquired | 87110 | Direct |
| 2021-02-25 | Common Stock | F | 3376 | $11.99 | Disposed | 83734 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-25 | Restricted Stock Unit (RSU) | $0 | M | 2459 | Disposed | Common Stock (2459) | Direct | |
| 2021-02-25 | Restricted Stock Unit (RSU) | $0 | M | 7233 | Disposed | Common Stock (7233) | 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 November 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 August 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.