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LendingClub Corp — Director's Dealing 2021
Aug 27, 2021
31748_dirs_2021-08-27_b4b695f3-9e85-47f4-8403-29c6474a201a.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: 2021-08-02
Reporting Person: Momen Ronnie (Bank-Chief of Consumer Banking)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-08-02 | Common Stock | G | 4808 | — | Disposed | 81668 | Direct |
| 2021-08-25 | Common Stock | M | 11393 | — | Acquired | 93061 | Direct |
| 2021-08-25 | Common Stock | F | 5999 | $29.08 | Disposed | 87062 | Direct |
| 2021-08-25 | Common Stock | M | 5991 | — | Acquired | 93053 | Direct |
| 2021-08-25 | Common Stock | F | 3155 | $29.08 | Disposed | 89898 | Direct |
| 2021-08-25 | Common Stock | M | 6718 | — | Acquired | 96616 | Direct |
| 2021-08-25 | Common Stock | F | 3538 | $29.08 | Disposed | 93078 | Direct |
| 2021-08-25 | Common Stock | M | 9755 | — | Acquired | 102833 | Direct |
| 2021-08-25 | Common Stock | F | 5137 | $29.08 | Disposed | 97696 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-08-25 | Restricted Stock Unit (RSU) | $0 | M | 11393 | Disposed | Common Stock (11393) | Direct | |
| 2021-08-25 | Restricted Stock Unit (RSU) | $0 | M | 5991 | Disposed | Common Stock (5991) | Direct | |
| 2021-08-25 | Restricted Stock Unit (RSU) | $0 | M | 6718 | Disposed | Common Stock (6718) | Direct | |
| 2021-08-25 | Restricted Stock Unit (RSU) | $0 | M | 9755 | Disposed | Common Stock (9755) | Direct |
Footnotes
F1: Transaction represents the transfer of 4,808 shares 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 November 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 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.