0001127602-17-030389.txt : 20171027
0001127602-17-030389.hdr.sgml : 20171027
20171027171557
ACCESSION NUMBER: 0001127602-17-030389
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20171025
FILED AS OF DATE: 20171027
DATE AS OF CHANGE: 20171027
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Gulati Sameer
CENTRAL INDEX KEY: 0001675009
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36771
FILM NUMBER: 171160177
MAIL ADDRESS:
STREET 1: 71 STEVENSON ST, SUITE 300
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94105
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
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2017-10-25
0001409970
LendingClub Corp
LC
0001675009
Gulati Sameer
71 STEVENSON STREET, SUITE 300
SAN FRANCISCO
CA
94105
1
Chief Operations Officer
Common Stock
2017-10-25
4
M
0
15725
0
A
296221
D
Common Stock
2017-10-26
4
S
0
8351
5.6405
D
287870
D
Restricted Stock Unit (RSU)
0
2017-10-25
4
M
0
15725
0
D
2026-05-26
Common Stock
15725
487480
D
Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
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 $5.6401 to $5.6450. 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 restricted stock units vested as to 2.08% of the total shares monthly over a four-year period, beginning on May 25, 2016, subject to continued service through each vesting date.
/s/ Sameer Gulati
2017-10-27