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LendingClub Corp — Director's Dealing 2021
May 27, 2021
31748_dirs_2021-05-27_f1d81082-5f81-4f79-abdc-d613a6f9d139.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: PACE BRANDON (Chief Administrative Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-05-25 | Common Stock | M | 3172 | — | Acquired | 66015 | Direct |
| 2021-05-25 | Common Stock | F | 1671 | $13.90 | Disposed | 64344 | Direct |
| 2021-05-25 | Common Stock | M | 1936 | — | Acquired | 66280 | Direct |
| 2021-05-25 | Common Stock | F | 1020 | $13.90 | Disposed | 65260 | Direct |
| 2021-05-25 | Common Stock | M | 5691 | — | Acquired | 70951 | Direct |
| 2021-05-25 | Common Stock | F | 2997 | $13.90 | Disposed | 67954 | Direct |
| 2021-05-25 | Common Stock | M | 5878 | — | Acquired | 73832 | Direct |
| 2021-05-25 | Common Stock | F | 3095 | $13.90 | Disposed | 70737 | Direct |
| 2021-05-25 | Common Stock | M | 6096 | — | Acquired | 76833 | Direct |
| 2021-05-25 | Common Stock | F | 3210 | $13.90 | Disposed | 73623 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-25 | Restricted Stock Unit (RSU) | $0 | M | 3172 | Disposed | Common Stock (3172) | Direct | |
| 2021-05-25 | Restricted Stock Unit (RSU) | $0 | M | 1936 | Disposed | Common Stock (1936) | Direct | |
| 2021-05-25 | Restricted Stock Unit (RSU) | $0 | M | 5691 | Disposed | Common Stock (5691) | Direct | |
| 2021-05-25 | Restricted Stock Unit (RSU) | $0 | M | 5878 | Disposed | Common Stock (5878) | Direct | |
| 2021-05-25 | Restricted Stock Unit (RSU) | $0 | M | 6096 | Disposed | Common Stock (6096) | 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 May 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 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.
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.