0001127602-22-021735.txt : 20220829 0001127602-22-021735.hdr.sgml : 20220829 20220829201548 ACCESSION NUMBER: 0001127602-22-021735 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220810 FILED AS OF DATE: 20220829 DATE AS OF CHANGE: 20220829 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Momen Ronnie CENTRAL INDEX KEY: 0001747276 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36771 FILM NUMBER: 221212614 MAIL ADDRESS: STREET 1: C/O LENDINGCLUB CORPORATION CITY: SAN FRANCISCO STATE: CA ZIP: 94105 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: LendingClub Corp CENTRAL INDEX KEY: 0001409970 STANDARD INDUSTRIAL CLASSIFICATION: PERSONAL CREDIT INSTITUTIONS [6141] 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 2022-08-10 0001409970 LendingClub Corp LC 0001747276 Momen Ronnie C/O LENDINGCLUB CORPORATION 595 MARKET ST. #200 SAN FRANCISCO CA 94105 1 Bank-Chief of Consumer Banking Common Stock 2022-08-10 5 G 0 E 10963 0 D 136962 D Common Stock 2022-08-25 4 M 0 11394 0 A 148356 D Common Stock 2022-08-25 4 M 0 5990 0 A 154346 D Common Stock 2022-08-25 4 M 0 6718 0 A 161064 D Common Stock 2022-08-25 4 M 0 19231 0 A 180295 D Common Stock 2022-08-25 4 M 0 9755 0 A 190050 D Common Stock 2022-08-25 4 M 0 10270 0 A 200320 D Common Stock 2022-08-26 4 S 0 33726 13.8603 D 166594 D Restricted Stock Unit (RSU) 0 2022-08-25 4 M 0 11394 0 D Common Stock 11394 0 D Restricted Stock Unit (RSU) 0 2022-08-25 4 M 0 5990 0 D Common Stock 5990 11982 D Restricted Stock Unit (RSU) 0 2022-08-25 4 M 0 6718 0 D Common Stock 6718 40308 D Restricted Stock Unit (RSU) 0 2022-08-25 4 M 0 19231 0 D Common Stock 19231 38462 D Restricted Stock Unit (RSU) 0 2022-08-25 4 M 0 9755 0 D Common Stock 9755 58529 D Restricted Stock Unit (RSU) 0 2022-08-25 4 M 0 10270 0 D Common Stock 10270 102700 D Transaction represents the transfer of 10,963 shares by the Reporting Person of Issuer common stock by bona fide gift. 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 2014 Equity Incentive Plan to require the satisfaction of tax withholding obligations with respect to the Reporting Person 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 $13.72 to $14.04. 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 RSUs vested as to 6.25% of the total shares on November 25, 2018, 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, 2019, 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, 2020, 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 25% of the total shares on May 25, 2022, with an additional 25% of the total shares vesting quarterly thereafter, subject to continuous service through each vesting date. The RSUs vested as to 8.33% of the total shares on May 25, 2021, with an additional 8.33% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date. The RSUs vested as to 8.33% of the total shares on May 25, 2022, with an additional 8.33% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date. /s/ Bhavit Sheth, attorney-in-fact 2022-08-29