Filing Details

Accession Number:
0001209191-15-068262
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-08-27 17:25:20
Reporting Period:
2015-08-14
Filing Date:
2015-08-27
Accepted Time:
2015-08-27 17:25:20
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1409970 Lendingclub Corp LC Finance Services (6199) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1535261 Jeffrey Crowe 525 University Avenue
Suite 800
Palo Alto CA 94301
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2015-08-14 7,023 $13.63 30,967,815 No 4 S Indirect By Limited Partnership
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Limited Partnership
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 11,717 Direct
Footnotes
  1. 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 shre of the issuer's common stock. The restricted stock units are scheduled to vest 100% on June 10, 2016.
  2. The Laura Bassell Crowe Irrevocable Trust I, the Katherine Bassell Crowe Irrevocable Trust I and the Molly Bassell Crowe Irrevocable Trust I each disposed of 2,341 shares.
  3. These securities consist of 136,822 shares beneficially owned by the Crowe Family Trust, 12/22/88 and the Laura Bassell Crowe Irrevocable Trust I, the Katherine Bassell Crowe Irrevocable Trust I, and the Molly Bassell Crowe Irrevocable Trust I each beneficially owned 2,991 shares. The remaining 30,822,020 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 the general partner of NVP X, Mr. Crowe may be deemed to share voting and dispositive power with respect to such securities. Mr. Crowe disclaims beneficial ownership of all such securities, except to the extent of any pecuniary interest therein.