0001127602-16-057376.txt : 20160705 0001127602-16-057376.hdr.sgml : 20160705 20160705192458 ACCESSION NUMBER: 0001127602-16-057376 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160630 FILED AS OF DATE: 20160705 DATE AS OF CHANGE: 20160705 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: Gulati Sameer CENTRAL INDEX KEY: 0001675009 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36771 FILM NUMBER: 161752177 MAIL ADDRESS: STREET 1: 71 STEVENSON ST, SUITE 300 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 4 1 form4.xml PRIMARY DOCUMENT X0306 4 2016-06-30 0001409970 LendingClub Corp LC 0001675009 Gulati Sameer 71 STEVENSON STREET, SUITE 300 SAN FRANCISCO CA 94105 1 Chief Operations Officer Common Stock 2016-06-30 4 J 0 551 4.2932 D 976112 D On June 27, 2016, the shares were 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. However, the broker inadvertently sold an extra 551 shares. The sale of the 551 shares was reversed by the broker on June 30, 2016 by effecting an off-setting trade at the same price as the original transaction. /s/ Sameer Gulati 2016-07-05