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LendingClub Corp — Director's Dealing 2021
May 27, 2021
31748_dirs_2021-05-27_70c8787d-5555-4bc7-aaa1-aeeff9ec0005.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: Stack Fergal (SVP, Corporate Controller)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-05-25 | Common Stock | M | 4610 | — | Acquired | 80615 | Direct |
| 2021-05-25 | Common Stock | F | 2088 | $14.23 | Disposed | 78527 | Direct |
| 2021-05-25 | Common Stock | M | 3545 | — | Acquired | 82072 | Direct |
| 2021-05-25 | Common Stock | F | 1583 | $13.90 | Disposed | 80489 | Direct |
| 2021-05-25 | Common Stock | M | 2396 | — | Acquired | 82885 | Direct |
| 2021-05-25 | Common Stock | F | 1017 | $13.90 | Disposed | 81868 | Direct |
| 2021-05-25 | Common Stock | M | 5098 | — | Acquired | 86966 | Direct |
| 2021-05-25 | Common Stock | F | 2007 | $13.90 | Disposed | 84959 | Direct |
| 2021-05-25 | Common Stock | M | 4441 | — | Acquired | 89400 | Direct |
| 2021-05-25 | Common Stock | F | 1748 | $13.90 | Disposed | 87652 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-25 | Restricted Stock Unit (RSU) | $0 | M | 4610 | Disposed | Common Stock (4610) | Direct | |
| 2021-05-25 | Restricted Stock Unit (RSU) | $0 | M | 3545 | Disposed | Common Stock (3545) | Direct | |
| 2021-05-25 | Restricted Stock Unit (RSU) | $0 | M | 2396 | Disposed | Common Stock (2396) | Direct | |
| 2021-05-25 | Restricted Stock Unit (RSU) | $0 | M | 5098 | Disposed | Common Stock (5098) | Direct | |
| 2021-05-25 | Restricted Stock Unit (RSU) | $0 | M | 4441 | Disposed | Common Stock (4441) | 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 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, 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 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.