Filing Details

Accession Number:
0001127602-15-026973
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-09-14 18:27:29
Reporting Period:
2015-09-10
Filing Date:
2015-09-14
Accepted Time:
2015-09-14 18:27:29
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
1625128 John Macilwaine C/O Lendingclub Corporation
71 Stevenson Street, Suite 300
San Francisco CA 94105
Chief Technology Officer No Yes No 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 Acquisiton 2015-09-10 12,500 $0.70 26,088 No 4 M Direct
Common Stock Disposition 2015-09-10 12,500 $12.43 13,588 No 4 S Direct
Common Stock Acquisiton 2015-09-11 12,500 $0.70 26,088 No 4 M Direct
Common Stock Disposition 2015-09-11 12,500 $12.42 13,588 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Disposition 2015-09-10 12,500 $0.00 12,500 $0.70
Common Stock Stock Option (right to buy) Disposition 2015-09-11 12,500 $0.00 12,500 $0.70
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
977,240 2022-10-16 No 4 M Direct
964,740 2022-10-16 No 4 M Direct
Footnotes
  1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 10, 2015.
  2. This transaction was executed in multiple trades during the day at prices ranging from $12.27 to $12.53. 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.
  3. This transaction was executed in multiple trades during the day at prices ranging from $12.39 to $12.48. 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.
  4. In connection with a domestic relations settlement and the acceleration of certain of the option shares, which modified the option's original vesting schedule, the option vested as to the total shares granted (the "total shares") as follows: (i) 5.68% on July 19, 2013, (ii) 22.73% on July 31,2013, (iii) 4.23% on October 31, 2013, (iv) 7.10% on each of January 31, 2014 and January 31, 2015, (v) 4.01% on April 30, 2014, (vi) 6.25% on each of July 31, 2014, April 30, 2015 and July 31, 2015, (vii) 5.4% on October 31, 2014; and will vest as to the total shares as follows: (i) 5.40% on October 31, 2015, (ii) 7.10% on January 31, 2016, (iii) 6.25% on each of April 30, 2016 and July 31, 2016; subject to continued service through each vesting date.