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LendingClub Corp — Director's Dealing 2021
Aug 27, 2021
31748_dirs_2021-08-27_16f08235-c026-4f6a-bd60-3cf725422e6d.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: 2021-06-03
Reporting Person: CASEY THOMAS W (Director, Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-06-03 | Common Stock | G | 190000 | — | Disposed | 15948 | Direct |
| 2021-08-25 | Common Stock | M | 11194 | — | Acquired | 27142 | Direct |
| 2021-08-25 | Common Stock | F | 5385 | $29.08 | Disposed | 21757 | Direct |
| 2021-08-25 | Common Stock | M | 3058 | — | Acquired | 24815 | Direct |
| 2021-08-25 | Common Stock | F | 1416 | $29.08 | Disposed | 23399 | Direct |
| 2021-08-25 | Common Stock | M | 8986 | — | Acquired | 32385 | Direct |
| 2021-08-25 | Common Stock | F | 4160 | $29.08 | Disposed | 28225 | Direct |
| 2021-08-25 | Common Stock | M | 12596 | — | Acquired | 40821 | Direct |
| 2021-08-25 | Common Stock | F | 5294 | $29.08 | Disposed | 35527 | Direct |
| 2021-08-25 | Common Stock | M | 12194 | — | Acquired | 47721 | Direct |
| 2021-08-25 | Common Stock | F | 4799 | $29.08 | Disposed | 42922 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-08-25 | Restricted Stock Unit (RSU) | $0 | M | 11194 | Disposed | Common Stock (11194) | Direct | |
| 2021-08-25 | Restricted Stock Unit (RSU) | $0 | M | 3058 | Disposed | Common Stock (3058) | Direct | |
| 2021-08-25 | Restricted Stock Unit (RSU) | $0 | M | 8986 | Disposed | Common Stock (8986) | Direct | |
| 2021-08-25 | Restricted Stock Unit (RSU) | $0 | M | 12596 | Disposed | Common Stock (12596) | Direct | |
| 2021-08-25 | Restricted Stock Unit (RSU) | $0 | M | 12194 | Disposed | Common Stock (12194) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 10000 | Indirect |
Footnotes
F1: Transaction represents the transfer of 190,000 shares by the Reporting Person of Issuer common stock by bona fide gift.
F2: Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
F3: Represents the number of shares withheld by the Issuer to cover tax withholding obligations in connection with the vesting of RSUs.
F4: 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.
F5: Not applicable.
F6: 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.
F7: 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.
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.
F9: 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.