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