0001127602-16-061420.txt : 20160829 0001127602-16-061420.hdr.sgml : 20160829 20160829201322 ACCESSION NUMBER: 0001127602-16-061420 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160825 FILED AS OF DATE: 20160829 DATE AS OF CHANGE: 20160829 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: Coleman Bradley CENTRAL INDEX KEY: 0001681784 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36771 FILM NUMBER: 161859139 MAIL ADDRESS: STREET 1: 71 STEVENSON ST. STREET 2: SUITE 300 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 4 1 form4.xml PRIMARY DOCUMENT X0306 4 2016-08-25 0001409970 LendingClub Corp LC 0001681784 Coleman Bradley C/O LENDINGCLUB CORPORATION 71 STEVENSON ST, SUITE 300 SAN FRANCISCO CA 94105 1 Principle Accounting Officer Common Stock 2016-08-25 4 A 0 271740 0 A 467635 D Common Stock 2016-08-26 4 S 0 1943 5.6002 D 465692 D Represents 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 are scheduled to vest as to 6.25% of the total shares quarterly, over a four-year period, beginning on August 25, 2016, subject to continued employment through each vesting date. 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 $5.585 to $5.62. 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. /s/ Jason Altieri, attorney-in-fact 2016-08-29