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LendingClub Corp — Director's Dealing 2021
Mar 1, 2021
31748_dirs_2021-03-01_f94ac982-ff1a-477c-9f88-8a363e5e6a81.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: CASEY THOMAS W (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-25 | Common Stock | M | 11194 | — | Acquired | 171365 | Direct |
| 2021-02-25 | Common Stock | F | 5547 | $11.99 | Disposed | 165818 | Direct |
| 2021-02-25 | Common Stock | M | 8986 | — | Acquired | 174804 | Direct |
| 2021-02-25 | Common Stock | F | 4314 | $11.99 | Disposed | 170490 | Direct |
| 2021-02-25 | Common Stock | M | 3058 | — | Acquired | 173548 | Direct |
| 2021-02-25 | Common Stock | F | 1469 | $11.99 | Disposed | 172079 | Direct |
| 2021-02-25 | Common Stock | M | 12596 | — | Acquired | 184675 | Direct |
| 2021-02-25 | Common Stock | F | 5461 | $11.99 | Disposed | 179214 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-25 | Restricted Stock Unit (RSU) | $0 | M | 11194 | Disposed | Common Stock (11194) | Direct | |
| 2021-02-25 | Restricted Stock Unit (RSU) | $0 | M | 8986 | Disposed | Common Stock (8986) | Direct | |
| 2021-02-25 | Restricted Stock Unit (RSU) | $0 | M | 3058 | Disposed | Common Stock (3058) | Direct | |
| 2021-02-25 | Restricted Stock Unit (RSU) | $0 | M | 12596 | Disposed | Common Stock (12596) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 10000 | Indirect |
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 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 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, 2020, with an additional 6.25% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date.