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