0000899243-16-027866.txt : 20160823 0000899243-16-027866.hdr.sgml : 20160823 20160823095114 ACCESSION NUMBER: 0000899243-16-027866 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160822 FILED AS OF DATE: 20160823 DATE AS OF CHANGE: 20160823 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: Canaan Partners VII LLC CENTRAL INDEX KEY: 0001514133 STATE OF INCORPORATION: CT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36771 FILM NUMBER: 161846512 BUSINESS ADDRESS: STREET 1: 285 RIVERSIDE AVENUE STREET 2: STE. 250 CITY: WESTPORT STATE: CT ZIP: 06880 BUSINESS PHONE: 2038550400 MAIL ADDRESS: STREET 1: 285 RIVERSIDE AVENUE STREET 2: STE. 250 CITY: WESTPORT STATE: CT ZIP: 06880 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Canaan VII LP CENTRAL INDEX KEY: 0001327625 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36771 FILM NUMBER: 161846513 BUSINESS ADDRESS: STREET 1: 285 RIVERSIDE AVE STREET 2: STE 250 CITY: WESTPORT STATE: CT ZIP: 06880 BUSINESS PHONE: 203-855-0400 MAIL ADDRESS: STREET 1: 285 RIVERSIDE AVE STREET 2: STE 250 CITY: WESTPORT STATE: CT ZIP: 06880 FORMER NAME: FORMER CONFORMED NAME: Canaan VII L.P. DATE OF NAME CHANGE: 20140807 FORMER NAME: FORMER CONFORMED NAME: Canaan VII L P DATE OF NAME CHANGE: 20050519 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2016-08-22 0 0001409970 LendingClub Corp LC 0001327625 Canaan VII LP 285 RIVERSIDE AVENUE, SUITE 250 WESTPORT CT 06880 1 0 0 0 0001514133 Canaan Partners VII LLC 285 RIVERSIDE AVE., SUITE 250 WESTPORT CT 06880 1 0 0 0 Common Stock 2016-08-22 4 J 0 5000000 D 13933675 D On August 22, 2016, Canaan VII LP (the "Canaan Fund") distributed, for no consideration, 5,000,000 shares of Common Stock of the issuer (the "Shares") to its limited partners and to Canaan Partners VII LLC ("Canaan VII"), the general partner of the Canaan Fund, representing each such partner's pro rata interest in the shares held by the Canaan Fund. On the same date, Canaan VII distributed, for no consideration, the Shares it received from the distribution to its members in an amount equal to each such member's pro rata interest in the Shares. The aforementioned distributions were made in accordance with the exemptions afforded by Rule 16a-13 and Rule 16a-9 of the Securities Exchange Act of 1934, as amended. Canaan VII and, together with the Canaan Fund, the "Canaan Entities", is the sole general partner of the Canaan Fund, and each may be deemed to have sole voting, investment and dispositive power with respect to the shares held by the Canaan Fund. Daniel Ciporin, an officer of Canaan VII, serves as the representative of the Canaan Entities on the issuer's board of directors. Investment and voting decisions with respect to the shares held by the Canaan Fund are made by the managers of Canaan VII, collectively, and no manager of Canaan VII has beneficial ownership of any shares held by the Canaan Fund. Canaan VII disclaims Section 16 beneficial ownership of the shares held by the Canaan Fund, except to the extent, if any, of its pecuniary interest therein. Exhibit 24 - Power of Attorney (Incorporated herein by reference to the Power of Attorney field as Exhibit 24 to the Form 4 field by the Reporting Persons on August 16, 2016) Canaan VII L.P., by Canaan Partners VII LLC, its General Partner, by: /s/ Nancy Levenson, as Attorney-in-Fact 2016-08-23 Canaan Partners VII LLC, by: /s/ Nancy Levenson, as Attorney-in-Fact 2016-08-23