0001127602-17-009357.txt : 20170301 0001127602-17-009357.hdr.sgml : 20170301 20170301173240 ACCESSION NUMBER: 0001127602-17-009357 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170225 FILED AS OF DATE: 20170301 DATE AS OF CHANGE: 20170301 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: Bogan Timothy CENTRAL INDEX KEY: 0001692844 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36771 FILM NUMBER: 17655922 MAIL ADDRESS: STREET 1: C/O LENDINGCLUB CORPORATION STREET 2: 71 STEVENSON ST, SUITE 300 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 4 1 form4.xml PRIMARY DOCUMENT X0306 4 2017-02-25 0001409970 LendingClub Corp LC 0001692844 Bogan Timothy C/O LENDINGCLUB CORPORATION 71 STEVENSON STREET, SUITE 300 SAN FRANCISCO CA 94105 1 Chief Risk Officer Common Stock 2017-02-25 4 M 0 610 0 A 20061 D Common Stock 2017-02-25 4 M 0 5574 0 A 25635 D Common Stock 2017-02-25 4 M 0 22645 0 A 48280 D Common Stock 2017-02-27 4 S 0 10437 5.6585 D 37843 D Restricted Stock Unit (RSU) 0 2017-02-25 4 M 0 610 0 D 2025-02-25 Common Stock 610 4876 D Restricted Stock Unit (RSU) 0 2017-02-25 4 M 0 5574 0 D 2026-02-26 Common Stock 5574 66885 D Restricted Stock Unit (RSU) 0 2017-02-25 4 M 0 22645 0 D 2026-08-25 Common Stock 22645 317030 D Restricted Stock Unit (RSU) 0 2026-05-11 Common Stock 122550 122550 D Represents the conversion upon vesting of restricted stock units into common stock. Such restricted stock units were previously reported in Table II. 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 $5.64 to $5.68. 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. Represents the remaining unvested portion of 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 vested as to 6.25% of the total shares on May 25, 2015, with an additional 6.25% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date. Represents the remaining unvested portion of 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 vested as to 6.25% of the total shares on May 25, 2016, with an additional 6.25% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date. Represents the remaining unvested portion of 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 vested as to 6.25% of the total shares on November 25, 2016, with an additional 6.25% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date. 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 100% of the total shares after one year from the vesting commencement date May 11, 2016. Restricted stock units were previously reported in Table I as common stock with the applicable vesting terms. Restricted stock units will now be reported in Table II. /s/ Timothy Bogan 2017-03-01