THOMAS W. CASEY - 25 May 2021 Form 4 Insider Report for LendingClub Corp (LC)

Role
Chief Financial Officer
Signature
/s/ Bhavit Sheth, attorney-in-fact
Issuer symbol
LC
Transactions as of
25 May 2021
Net transactions value
-$295,945
Form type
4
Filing time
27 May 2021, 18:56:09 UTC
Next filing
27 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LC Common Stock Options Exercise $0 +11,194 +6.2% $0.000000 190,408 25 May 2021 Direct F1
transaction LC Common Stock Tax liability $75,908 -5,461 -2.9% $13.90 184,947 25 May 2021 Direct F2
transaction LC Common Stock Options Exercise $0 +3,057 +1.7% $0.000000 188,004 25 May 2021 Direct F1
transaction LC Common Stock Tax liability $20,016 -1,440 -0.77% $13.90 186,564 25 May 2021 Direct F2
transaction LC Common Stock Options Exercise $0 +8,985 +4.8% $0.000000 195,549 25 May 2021 Direct F1
transaction LC Common Stock Tax liability $58,797 -4,230 -2.2% $13.90 191,319 25 May 2021 Direct F2
transaction LC Common Stock Options Exercise $0 +12,596 +6.6% $0.000000 203,915 25 May 2021 Direct F1
transaction LC Common Stock Tax liability $74,532 -5,362 -2.6% $13.90 198,553 25 May 2021 Direct F2
transaction LC Common Stock Options Exercise $0 +12,193 +6.1% $0.000000 210,746 25 May 2021 Direct F1
transaction LC Common Stock Tax liability $66,692 -4,798 -2.3% $13.90 205,948 25 May 2021 Direct F2
holding LC Common Stock 10,000 25 May 2021 Casey Family Revocable Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LC Restricted Stock Unit (RSU) Options Exercise $0 -11,194 -25% $0.000000 33,583 25 May 2021 Common Stock 11,194 $0.000000 Direct F1, F3, F4
transaction LC Restricted Stock Unit (RSU) Options Exercise $0 -3,057 -33% $0.000000 6,117 25 May 2021 Common Stock 3,057 $0.000000 Direct F1, F4, F5
transaction LC Restricted Stock Unit (RSU) Options Exercise $0 -8,985 -12% $0.000000 62,900 25 May 2021 Common Stock 8,985 $0.000000 Direct F1, F4, F6
transaction LC Restricted Stock Unit (RSU) Options Exercise $0 -12,596 -8.3% $0.000000 138,556 25 May 2021 Common Stock 12,596 $0.000000 Direct F1, F4, F7
transaction LC Restricted Stock Unit (RSU) Options Exercise $0 -12,193 -8.3% $0.000000 134,129 25 May 2021 Common Stock 12,193 $0.000000 Direct F1, F4, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
F2 Represents the number of shares withheld by the Issuer to cover tax withholding obligations in connection with the vesting of RSUs.
F3 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.
F4 Not applicable.
F5 The RSUs vested as to 25% of the total shares on May 25, 2020, with an additional 12.5% of the total shares vesting quarterly thereafter, subject to continuous service through each vesting date.
F6 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.
F7 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.
F8 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.