0001127602-17-003689.txt : 20170202 0001127602-17-003689.hdr.sgml : 20170202 20170202172914 ACCESSION NUMBER: 0001127602-17-003689 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20170131 FILED AS OF DATE: 20170202 DATE AS OF CHANGE: 20170202 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: Summers Lawrence Henry CENTRAL INDEX KEY: 0001626636 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36771 FILM NUMBER: 17569464 MAIL ADDRESS: STREET 1: 207 FISHER AVENUE CITY: BROOKLINE STATE: MA ZIP: 02445 4 1 form4.xml PRIMARY DOCUMENT X0306 4 2017-01-31 0001409970 LendingClub Corp LC 0001626636 Summers Lawrence Henry C/O LENDINGCLUB CORPORATION 71 STEVENSON STREET, SUITE 300 SAN FRANCISCO CA 94105 1 Common Stock 2017-01-31 4 M 0 333108 .695 A 818143 D Common Stock 2500 I By Stepdaughter Common Stock 176098 I By LHS 2016 Qualified Annuity Trust LC Stock Option (right to buy) .695 2017-01-31 4 M 0 333108 0 D 2022-12-13 Common Stock 333108 0 D Includes 65,275 shares that transferred from LHS 2015 Qualified Annuity Trust #1L to the reporting person as of October 20, 2016. Shares held of record by Lawrence H. Summers, Trustee of LHS 2016 Qualified Annuity Trust LC. On September 22, 2016, the reporting person contributed 164,381 shares previously held by the LHS 2014 Qualified Annuity Trust#1 to the LHS 2016 Qualified Annuity Trust LC. On September 26, 2016 the reporting person contributed 11,717 shares to LHS 2016 Qualified Annuity Trust LC. The options are fully vested and no longer outstanding. /s/ Lawrence H. Summers 2017-02-02 EX-24 2 doc1.txt POWER OF ATTORNEY (PUBLIC): UPDATED SUMMERS POA Exhibit 24 Power of Attorney KNOW ALL BY THESE PRESENTS, that the undersigned hereby constitutes and appoints Russell Elmer, Thomas Casey, Brandon Pace, and Scott Booth, and each of them, his true and lawful attorney in fact of: (1) execute for and on behalf of the undersigned, in the undersigned?s capacity as a representative of LendingClub Corporation (Company), any and all Form 3, 4 or 5 reports required to be filed by the undersigned in accordance with Section 16(a) of the Securities Exchange Act of 1934, as amended (Exchange Act), and the rules thereunder with respect to transactions in securities of the Company; (2) do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4 or 5 report and timely file such report with the U.S. Securities and Exchange Commission and any stock exchange or similar authority, and (3) take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney in fact, maybe of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney in fact on behalf of the undersigned, pursuant to this Power of Attorney, shall be in such form and shall contain such terms and conditions as such attorney in fact may approve in her/his discretion. The undersigned hereby grants to each such attorney in fact full power and authority to do and perform each and every act and thing whatsoever requisite, necessary and proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney in fact, or her/his substitute or substitutes, shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein granted. The undersigned acknowledges that no such attorney in fact, in serving in such capacity at the request of the undersigned, is hereby assuming, nor is the Company hereby assuming, any of the undersigneds responsibilities to comply with Section 16 of the Exchange Act. This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Form 3, 4 or 5 reports with respect to the undersigned?s holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys in fact. IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of the 6th day of January, 2017. /s/ Lawrence H. Summers Lawrence H. Summers