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LendingClub Corp — Director's Dealing 2021
Nov 29, 2021
31748_dirs_2021-11-29_924939f7-4623-4462-8e95-3fc31b688c7e.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: 2021-09-07
Reporting Person: CASEY THOMAS W (Director, Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-09-07 | Common Stock | G | 40000 | — | Disposed | 2922 | Direct |
| 2021-11-25 | Common Stock | M | 11194 | — | Acquired | 14116 | Direct |
| 2021-11-25 | Common Stock | F | 5320 | $38.07 | Disposed | 8796 | Direct |
| 2021-11-25 | Common Stock | M | 3059 | — | Acquired | 11855 | Direct |
| 2021-11-25 | Common Stock | F | 1397 | $38.07 | Disposed | 10458 | Direct |
| 2021-11-25 | Common Stock | M | 8985 | — | Acquired | 19443 | Direct |
| 2021-11-25 | Common Stock | F | 4103 | $38.07 | Disposed | 15340 | Direct |
| 2021-11-25 | Common Stock | M | 12596 | — | Acquired | 27936 | Direct |
| 2021-11-25 | Common Stock | F | 5245 | $38.07 | Disposed | 22691 | Direct |
| 2021-11-25 | Common Stock | M | 12193 | — | Acquired | 34884 | Direct |
| 2021-11-25 | Common Stock | F | 4798 | $38.07 | Disposed | 30086 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-11-25 | Restricted Stock Unit (RSU) | $0 | M | 11194 | Disposed | Common Stock (11194) | Direct | |
| 2021-11-25 | Restricted Stock Unit (RSU) | $0 | M | 3059 | Disposed | Common Stock (3059) | Direct | |
| 2021-11-25 | Restricted Stock Unit (RSU) | $0 | M | 8985 | Disposed | Common Stock (8985) | Direct | |
| 2021-11-25 | Restricted Stock Unit (RSU) | $0 | M | 12596 | Disposed | Common Stock (12596) | Direct | |
| 2021-11-25 | Restricted Stock Unit (RSU) | $0 | M | 12193 | Disposed | Common Stock (12193) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 10000 | Indirect |
Footnotes
F1: Transaction represents the transfer of 40,000 shares, initiated on September 3, 2021, 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.