0001209191-15-085925.txt : 20151217 0001209191-15-085925.hdr.sgml : 20151217 20151217184547 ACCESSION NUMBER: 0001209191-15-085925 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20151215 FILED AS OF DATE: 20151217 DATE AS OF CHANGE: 20151217 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: LendingClub Corp CENTRAL INDEX KEY: 0001409970 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] 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: Crowe Jeffrey CENTRAL INDEX KEY: 0001535261 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36771 FILM NUMBER: 151294894 MAIL ADDRESS: STREET 1: 525 UNIVERSITY AVENUE STREET 2: SUITE 800 CITY: PALO ALTO STATE: CA ZIP: 94301 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2015-12-15 0 0001409970 LendingClub Corp LC 0001535261 Crowe Jeffrey 525 UNIVERSITY AVENUE SUITE 800 PALO ALTO CA 94301 1 0 0 0 Common Stock 11717 D Common Stock 2015-12-15 4 J 0 4892222 0.00 D 18237072 I By Limited Partnership Represents the grant of restricted stock units under the LendingClub Corporation 2014 Equity Incentive Plan. Each restricted stock unit represents the contingent right to receive, upon vesting of the unit, one share of the issuer's common stock. The restricted stock units are scheduled to vest 100% on June 10, 2016. Shares were disposed of via a pro-rata in-kind distribution of issuer's stock from Norwest Venture Partners X, LP ("NVP X") to its limited and general partners, and further distribution by Genesis VC Partners X, LLC ("Genesis X"), the general partner of NVP X, to its members. The NVP X and Genesis X distributions resulted in a change in the form of beneficial ownership so that following the distibutions 388,019 shares were beneficially owned by the Crowe Family Trust, 12/22/88, of which Mr. Crowe is a Trustee and the Laura Bassell Crowe Irrevocable Trust I, the Katherine Bassell Crowe Irrevocable Trust I, and the Molly Bassell Crowe Irrevocable Trust I, of which Mr. Crowe is a Trustee, each beneficially owned 9,011 shares. The remaining 17,822,020 shares are beneficially held of record by NVP X. By virtue of his position as a co-Chief Executive Officer of NVP Associates, LLC, the managing member of Genesis X, Mr. Crowe may be deemed to share voting and dispositive power with respect to such securities. Mr. Crowe disclaims beneficial ownership of all securities, except to the extent of any pecuniary interest therein. /s/ Kurt Betcher, Attorney in-fact 2015-12-17