0001127602-17-018139.txt : 20170515
0001127602-17-018139.hdr.sgml : 20170515
20170515180119
ACCESSION NUMBER: 0001127602-17-018139
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170511
FILED AS OF DATE: 20170515
DATE AS OF CHANGE: 20170515
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: BHANDARI SANDEEP
CENTRAL INDEX KEY: 0001651479
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36771
FILM NUMBER: 17846337
MAIL ADDRESS:
STREET 1: 71 STEVENSON STREET SUITE 300
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94105
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2017-05-11
0001409970
LendingClub Corp
LC
0001651479
BHANDARI SANDEEP
71 STEVENSON STREET, SUITE 300
SAN FRANCISCO
CA
94105
1
Chief Credit Officer
Common Stock
2017-05-11
4
M
0
122550
0
A
170287
D
Common Stock
2017-05-12
4
S
0
53500
5.8419
D
116787
D
Restricted Stock Unit (RSU)
0
2017-05-11
4
M
0
122550
0
D
2026-05-11
Common Stock
122550
0
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 $5.82 to $5.88. 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.
The award is fully vested as of May 11, 2017
/s/ Sandeep Bhandari
2017-05-15