0001127602-19-008587.txt : 20190226 0001127602-19-008587.hdr.sgml : 20190226 20190226212659 ACCESSION NUMBER: 0001127602-19-008587 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190224 FILED AS OF DATE: 20190226 DATE AS OF CHANGE: 20190226 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Sanborn Scott CENTRAL INDEX KEY: 0001397362 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36771 FILM NUMBER: 19635592 MAIL ADDRESS: STREET 1: C/O REDENVELOPE, INC. STREET 2: 149 NEW MONTGOMERY STREET 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: 595 MARKET STREET STREET 2: SUITE 200 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: 415-632-5600 MAIL ADDRESS: STREET 1: 595 MARKET STREET STREET 2: SUITE 200 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 4 1 form4.xml PRIMARY DOCUMENT X0306 4 2019-02-24 0001409970 LendingClub Corp LC 0001397362 Sanborn Scott C/O LENDINGCLUB CORPORATION 595 MARKET ST. #200 SAN FRANCISCO CA 94105 1 CEO Common Stock 2019-02-25 4 M 0 34404 0 A 1582097 D Common Stock 2019-02-25 4 F 0 18114 3.10 D 1563983 D Common Stock 2019-02-25 4 M 0 46642 0 A 1610625 D Common Stock 2019-02-25 4 F 0 24558 3.13 D 1586067 D Restricted Stock Unit (RSU) 0 2019-02-24 4 A 0 798723 0 A Common Stock 798723 798723 D Restricted Stock Unit (RSU) 0 2019-02-25 4 M 0 34404 0 D Common Stock 34404 275230 D Restricted Stock Unit (RSU) 0 2019-02-25 4 M 0 46642 0 D Common Stock 46642 559702 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 withheld by the Issuer to cover tax withholding obligations in connection with the vesting of RSUs. Represents a grant of RSUs under the Issuer's 2014 Equity Incentive Plan. Each RSU represents the contingent right to receive, upon vesting of the unit, one share of the Issuer's common stock. The RSUs will vest as to 6.25% of the total shares on May 25, 2019, with an additional 6.25% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date. Not applicable. The RSUs vested as to 6.25% of the total shares on May 25, 2017, with an additional 6.25% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date. The RSUs vested as to 6.25% of the total shares on May 25, 2018, with an additional 6.25% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date. In addition, the compensation committee of the Issuer approved performance-based RSUs for the Reporting Person, which are contingent upon the attainment of certain performance criteria by the Issuer during 2019/2020. Subject to the achievement of the performance criteria, the Reporting Person will be granted RSUs, 25% of which will vest on May 25, 2020 and an additional 12.5% of which will vest quarterly thereafter, subject to continuous service through each vesting date. /s/ Scott Sanborn 2019-02-26