Brandon Pace - 25 Aug 2021 Form 4 Insider Report for LendingClub Corp (LC)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
27 Aug 2021, 18:49:44 UTC
Prior SEC filing
27 May 2021
Next SEC filing
29 Nov 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Bhavit Sheth, attorney-in-fact
Filing notes and source

Key filing fact

Brandon Pace filed Form 4 for LendingClub Corp (LC) on 27 Aug 2021.

Key facts

  • This page summarizes Brandon Pace's Form 4 filing for LendingClub Corp (LC).
  • 15 reported transactions and 5 derivative rows are listed below.
  • Accepted by SEC: 27 Aug 2021, 18:49.

Change

  • Previous filing in this sequence was filed on 27 May 2021.
  • Current net transaction value: -$348,815.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LC transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+3,172
Change %
+4.3%
Price
$0.000000
Shares after
76,795
Date
25 Aug 2021
Ownership
Direct
Footnotes
F1
LC transaction

Common Stock

Tax liability

Transaction value
$48,593
Shares
-1,671
Change %
-2.2%
Price
$29.08
Shares after
75,124
Date
25 Aug 2021
Ownership
Direct
Footnotes
F2
LC transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+1,938
Change %
+2.6%
Price
$0.000000
Shares after
77,062
Date
25 Aug 2021
Ownership
Direct
Footnotes
F1
LC transaction

Common Stock

Tax liability

Transaction value
$29,691
Shares
-1,021
Change %
-1.3%
Price
$29.08
Shares after
76,041
Date
25 Aug 2021
Ownership
Direct
Footnotes
F2
LC transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+5,691
Change %
+7.5%
Price
$0.000000
Shares after
81,732
Date
25 Aug 2021
Ownership
Direct
Footnotes
F1
LC transaction

Common Stock

Tax liability

Transaction value
$87,153
Shares
-2,997
Change %
-3.7%
Price
$29.08
Shares after
78,735
Date
25 Aug 2021
Ownership
Direct
Footnotes
F2
LC transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+5,878
Change %
+7.5%
Price
$0.000000
Shares after
84,613
Date
25 Aug 2021
Ownership
Direct
Footnotes
F1
LC transaction

Common Stock

Tax liability

Transaction value
$90,003
Shares
-3,095
Change %
-3.7%
Price
$29.08
Shares after
81,518
Date
25 Aug 2021
Ownership
Direct
Footnotes
F2
LC transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+6,097
Change %
+7.5%
Price
$0.000000
Shares after
87,615
Date
25 Aug 2021
Ownership
Direct
Footnotes
F1
LC transaction

Common Stock

Tax liability

Transaction value
$93,376
Shares
-3,211
Change %
-3.7%
Price
$29.08
Shares after
84,404
Date
25 Aug 2021
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LC transaction Derivative

Restricted Stock Unit (RSU)

Options Exercise

Transaction value
$0
Shares
-3,172
Change %
-33%
Price
$0.000000
Shares after
6,344
Date
25 Aug 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
3,172
Exercise price
$0.000000
Footnotes
F1, F3, F4
LC transaction Derivative

Restricted Stock Unit (RSU)

Options Exercise

Transaction value
$0
Shares
-1,938
Change %
-50%
Price
$0.000000
Shares after
1,938
Date
25 Aug 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,938
Exercise price
$0.000000
Footnotes
F1, F4, F5
LC transaction Derivative

Restricted Stock Unit (RSU)

Options Exercise

Transaction value
$0
Shares
-5,691
Change %
-14%
Price
$0.000000
Shares after
34,146
Date
25 Aug 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
5,691
Exercise price
$0.000000
Footnotes
F1, F4, F6
LC transaction Derivative

Restricted Stock Unit (RSU)

Options Exercise

Transaction value
$0
Shares
-5,878
Change %
-9.1%
Price
$0.000000
Shares after
58,782
Date
25 Aug 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
5,878
Exercise price
$0.000000
Footnotes
F1, F4, F7
LC transaction Derivative

Restricted Stock Unit (RSU)

Options Exercise

Transaction value
$0
Shares
-6,097
Change %
-9.1%
Price
$0.000000
Shares after
60,968
Date
25 Aug 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,097
Exercise price
$0.000000
Footnotes
F1, F4, F8
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote 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.

Footnote F2

Represents the number of shares withheld by the Issuer to cover tax withholding obligations in connection with the vesting of RSUs.

Footnote 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.

Footnote F4

Not applicable.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

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