AI assistant
LendingClub Corp — Director's Dealing 2021
Mar 1, 2021
31748_dirs_2021-03-01_e8a89520-9fcf-4408-b747-5f8c9b4fdc2f.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LendingClub Corp (LC)
CIK: 0001409970
Period of Report: 2021-02-25
Reporting Person: Stack Fergal (SVP, Corporate Controller)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-25 | Common Stock | M | 4611 | — | Acquired | 71705 | Direct |
| 2021-02-25 | Common Stock | F | 2108 | $10.86 | Disposed | 69597 | Direct |
| 2021-02-25 | Common Stock | M | 3545 | — | Acquired | 73142 | Direct |
| 2021-02-25 | Common Stock | F | 1598 | $11.99 | Disposed | 71544 | Direct |
| 2021-02-25 | Common Stock | M | 2396 | — | Acquired | 73940 | Direct |
| 2021-02-25 | Common Stock | F | 1026 | $11.99 | Disposed | 72914 | Direct |
| 2021-02-25 | Common Stock | M | 5098 | — | Acquired | 78012 | Direct |
| 2021-02-25 | Common Stock | F | 2007 | $11.99 | Disposed | 76005 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-25 | Restricted Stock Unit (RSU) | $0 | M | 4611 | Disposed | Common Stock (4611) | Direct | |
| 2021-02-25 | Restricted Stock Unit (RSU) | $0 | M | 3545 | Disposed | Common Stock (3545) | Direct | |
| 2021-02-25 | Restricted Stock Unit (RSU) | $0 | M | 2396 | Disposed | Common Stock (2396) | Direct | |
| 2021-02-25 | Restricted Stock Unit (RSU) | $0 | M | 5098 | Disposed | Common Stock (5098) | 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 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.
F4: Not applicable.
F5: 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.
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.