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LendingClub Corp — Director's Dealing 2021
Mar 1, 2021
31748_dirs_2021-03-01_16448c25-db11-4132-b598-a014757dd360.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: Momen Ronnie (Bank-Chief of Consumer Banking)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-25 | Common Stock | M | 11393 | — | Acquired | 73854 | Direct |
| 2021-02-25 | Common Stock | F | 5999 | $11.99 | Disposed | 67855 | Direct |
| 2021-02-25 | Common Stock | M | 5991 | — | Acquired | 73846 | Direct |
| 2021-02-25 | Common Stock | F | 3155 | $11.99 | Disposed | 70691 | Direct |
| 2021-02-25 | Common Stock | M | 6718 | — | Acquired | 77409 | Direct |
| 2021-02-25 | Common Stock | F | 3538 | $11.99 | Disposed | 73871 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-25 | Restricted Stock Unit (RSU) | $0 | M | 11393 | Disposed | Common Stock (11393) | Direct | |
| 2021-02-25 | Restricted Stock Unit (RSU) | $0 | M | 5991 | Disposed | Common Stock (5991) | Direct | |
| 2021-02-25 | Restricted Stock Unit (RSU) | $0 | M | 6718 | Disposed | Common Stock (6718) | 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, 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, 2019, 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, 2020, with an additional 6.25% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date.