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LendingClub Corp — Director's Dealing 2023
Feb 28, 2023
31748_dirs_2023-02-28_8df0e943-3e68-4895-982d-ea4dc19d8b01.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: 2023-02-25
Reporting Person: Momen Ronnie (Bank-Chief of Consumer Banking)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-25 | Common Stock | M | 5991 | — | Acquired | 178455 | Direct |
| 2023-02-25 | Common Stock | M | 6718 | — | Acquired | 185173 | Direct |
| 2023-02-25 | Common Stock | M | 19231 | — | Acquired | 204404 | Direct |
| 2023-02-25 | Common Stock | M | 9755 | — | Acquired | 214159 | Direct |
| 2023-02-25 | Common Stock | M | 10270 | — | Acquired | 224429 | Direct |
| 2023-02-25 | Common Stock | F | 27364 | $9.61 | Disposed | 197065 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-02-25 | Restricted Stock Unit (RSU) | $0 | M | 5991 | Disposed | Common Stock (5991) | Direct | |
| 2023-02-25 | Restricted Stock Unit (RSU) | $0 | M | 6718 | Disposed | Common Stock (6718) | Direct | |
| 2023-02-25 | Restricted Stock Unit (RSU) | $0 | M | 19231 | Disposed | Common Stock (19231) | Direct | |
| 2023-02-25 | Restricted Stock Unit (RSU) | $0 | M | 9755 | Disposed | Common Stock (9755) | Direct | |
| 2023-02-25 | Restricted Stock Unit (RSU) | $0 | M | 10270 | Disposed | Common Stock (10270) | 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: Does not represent a sale of shares. 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, 2019, 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, 2020, 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, 2022, with an additional 25% of the total shares vesting quarterly thereafter, subject to continuous service through each vesting date.
F7: 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.
F8: The RSUs vested as to 8.33% of the total shares on May 25, 2022, with an additional 8.33% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date.