0001127602-23-023404.txt : 20230829 0001127602-23-023404.hdr.sgml : 20230829 20230829184518 ACCESSION NUMBER: 0001127602-23-023404 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230825 FILED AS OF DATE: 20230829 DATE AS OF CHANGE: 20230829 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Sanborn Scott CENTRAL INDEX KEY: 0001397362 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36771 FILM NUMBER: 231223420 MAIL ADDRESS: STREET 1: C/O REDENVELOPE, INC. STREET 2: 149 NEW MONTGOMERY STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: LendingClub Corp CENTRAL INDEX KEY: 0001409970 STANDARD INDUSTRIAL CLASSIFICATION: PERSONAL CREDIT INSTITUTIONS [6141] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 595 MARKET STREET STREET 2: SUITE 200 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: 415-632-5600 MAIL ADDRESS: STREET 1: 595 MARKET STREET STREET 2: SUITE 200 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 4 1 form4.xml PRIMARY DOCUMENT X0508 4 2023-08-25 0001409970 LendingClub Corp LC 0001397362 Sanborn Scott C/O LENDINGCLUB CORPORATION 595 MARKET ST. #200 SAN FRANCISCO CA 94105 1 1 CEO 0 Common Stock 2023-08-25 4 M 0 13496 0 A 1347650 D Common Stock 2023-08-25 4 M 0 11758 0 A 1359408 D Common Stock 2023-08-25 4 M 0 8253 0 A 1367661 D Common Stock 2023-08-25 4 M 0 14944 0 A 1382605 D Common Stock 2023-08-25 4 D 0 13496 6.88 D 1369109 D Common Stock 2023-08-25 4 F 0 18406 6.88 D 1350703 D Restricted Stock Unit (RSU) 0 2023-08-25 4 M 0 13496 0 D Common Stock 13496 26992 D Restricted Stock Unit (RSU) 0 2023-08-25 4 M 0 11758 0 D Common Stock 11758 23516 D Restricted Stock Unit (RSU) 0 2023-08-25 4 M 0 8253 0 D Common Stock 8253 49516 D Restricted Stock Unit (RSU) 0 2023-08-25 4 M 0 14944 0 D Common Stock 14944 149443 D Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. Does not represent a sale of shares. Represents the settlement of RSUs granted on February 26, 2020, in cash rather than in shares of the Issuer's common stock. 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. 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. Not applicable. 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. 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. The RSUs vested as to 8.33% of the total shares on May 25, 2023, with an additional 8.33% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date. /s/ Bhavit Sheth, attorney-in-fact 2023-08-29