0001127602-17-009415.txt : 20170301
0001127602-17-009415.hdr.sgml : 20170301
20170301201159
ACCESSION NUMBER: 0001127602-17-009415
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170225
FILED AS OF DATE: 20170301
DATE AS OF CHANGE: 20170301
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: LendingClub Corp
CENTRAL INDEX KEY: 0001409970
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 71 STEVENSON ST.
STREET 2: 3RD FL.
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94115
BUSINESS PHONE: 415-632-5666
MAIL ADDRESS:
STREET 1: 71 STEVENSON ST.
STREET 2: 3RD FL.
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94115
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: CASEY THOMAS W
CENTRAL INDEX KEY: 0001207691
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36771
FILM NUMBER: 17656553
MAIL ADDRESS:
STREET 1: 1201 THIRD AVE
CITY: SEATTLE
STATE: WA
ZIP: 98101
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2017-02-25
0001409970
LendingClub Corp
LC
0001207691
CASEY THOMAS W
C/O LENDINGCLUB CORPORATION
71 STEVENSON ST, SUITE 300
SAN FRANCISCO
CA
94105
1
Chief Financial Officer
Common Stock
2017-02-25
4
M
0
13809
0
A
22335
D
Common Stock
2017-02-27
4
S
0
4942
5.6526
D
17393
D
Restricted Stock Unit (RSU)
0
2017-02-25
4
M
0
13809
0
D
2026-09-26
Common Stock
13809
193332
D
Represents the conversion upon vesting of restricted stock units into common stock. Such restricted stock units were previously reported in Table II.
Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
This transaction was executed in multiple trades during the day at prices ranging from $5.62 to $5.665. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected.
Represents the remaining unvested portion of a grant of restricted stock units under the LendingClub Corporation 2014 Equity Incentive Plan. Each restricted stock unit represents the contingent right to receive, upon vesting of the
unit, one share of the Issuer's common stock. The restricted stock units vested as to 6.25% of the total shares on November 25, 2016, with an additional 6.25% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date.
Restricted stock units were previously reported in Table I as common stock with the applicable vesting terms. Restricted stock units will now be reported in Table II.
/s/ Thomas Casey
2017-03-01