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LendingClub Corp — Director's Dealing 2021
May 27, 2021
31748_dirs_2021-05-27_cb6db17b-3ec7-4ac8-afff-0552e0bc6bfe.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: Kay Valerie (Bank-Chief Capital Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-05-25 | Common Stock | M | 2459 | — | Acquired | 77739 | Direct |
| 2021-05-25 | Common Stock | F | 1341 | $14.23 | Disposed | 76398 | Direct |
| 2021-05-25 | Common Stock | M | 7233 | — | Acquired | 83631 | Direct |
| 2021-05-25 | Common Stock | F | 3896 | $13.90 | Disposed | 79735 | Direct |
| 2021-05-25 | Common Stock | M | 1529 | — | Acquired | 81264 | Direct |
| 2021-05-25 | Common Stock | F | 822 | $13.90 | Disposed | 80442 | Direct |
| 2021-05-25 | Common Stock | M | 4493 | — | Acquired | 84935 | Direct |
| 2021-05-25 | Common Stock | F | 2412 | $13.90 | Disposed | 82523 | Direct |
| 2021-05-25 | Common Stock | M | 6298 | — | Acquired | 88821 | Direct |
| 2021-05-25 | Common Stock | F | 3374 | $13.90 | Disposed | 85447 | Direct |
| 2021-05-25 | Common Stock | M | 5487 | — | Acquired | 90934 | Direct |
| 2021-05-25 | Common Stock | F | 2934 | $13.90 | Disposed | 88000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-25 | Restricted Stock Unit (RSU) | $0 | M | 2459 | Disposed | Common Stock (2459) | Direct | |
| 2021-05-25 | Restricted Stock Unit (RSU) | $0 | M | 7233 | Disposed | Common Stock (7233) | Direct | |
| 2021-05-25 | Restricted Stock Unit (RSU) | $0 | M | 1529 | Disposed | Common Stock (1529) | Direct | |
| 2021-05-25 | Restricted Stock Unit (RSU) | $0 | M | 4493 | Disposed | Common Stock (4493) | Direct | |
| 2021-05-25 | Restricted Stock Unit (RSU) | $0 | M | 6298 | Disposed | Common Stock (6298) | Direct | |
| 2021-05-25 | Restricted Stock Unit (RSU) | $0 | M | 5487 | Disposed | Common Stock (5487) | 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, 2017, 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 August 25, 2018, 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, 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.