THOMAS W. CASEY - 03 Jun 2021 Form 4 Insider Report for LendingClub Corp (LC)

Role
Chief Financial Officer, Director
Signature
/s/ Bhavit Sheth, attorney-in-fact
Issuer symbol
LC
Transactions as of
03 Jun 2021
Net transactions value
-$612,250
Form type
4
Filing time
27 Aug 2021, 19:02:26 UTC
Previous filing
27 May 2021
Next filing
29 Nov 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 Gift $0 -190,000 -92% $0.000000 15,948 03 Jun 2021 Direct F1
transaction LC Common Stock Options Exercise $0 +11,194 +70% $0.000000 27,142 25 Aug 2021 Direct F2
transaction LC Common Stock Tax liability $156,596 -5,385 -20% $29.08 21,757 25 Aug 2021 Direct F3
transaction LC Common Stock Options Exercise $0 +3,058 +14% $0.000000 24,815 25 Aug 2021 Direct F2
transaction LC Common Stock Tax liability $41,177 -1,416 -5.7% $29.08 23,399 25 Aug 2021 Direct F3
transaction LC Common Stock Options Exercise $0 +8,986 +38% $0.000000 32,385 25 Aug 2021 Direct F2
transaction LC Common Stock Tax liability $120,973 -4,160 -13% $29.08 28,225 25 Aug 2021 Direct F3
transaction LC Common Stock Options Exercise $0 +12,596 +45% $0.000000 40,821 25 Aug 2021 Direct F2
transaction LC Common Stock Tax liability $153,950 -5,294 -13% $29.08 35,527 25 Aug 2021 Direct F3
transaction LC Common Stock Options Exercise $0 +12,194 +34% $0.000000 47,721 25 Aug 2021 Direct F2
transaction LC Common Stock Tax liability $139,555 -4,799 -10% $29.08 42,922 25 Aug 2021 Direct F3
holding LC Common Stock 10,000 03 Jun 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 -33% $0.000000 22,389 25 Aug 2021 Common Stock 11,194 $0.000000 Direct F2, F4, F5
transaction LC Restricted Stock Unit (RSU) Options Exercise $0 -3,058 -50% $0.000000 3,059 25 Aug 2021 Common Stock 3,058 $0.000000 Direct F2, F5, F6
transaction LC Restricted Stock Unit (RSU) Options Exercise $0 -8,986 -14% $0.000000 53,914 25 Aug 2021 Common Stock 8,986 $0.000000 Direct F2, F5, F7
transaction LC Restricted Stock Unit (RSU) Options Exercise $0 -12,596 -9.1% $0.000000 125,960 25 Aug 2021 Common Stock 12,596 $0.000000 Direct F2, F5, F8
transaction LC Restricted Stock Unit (RSU) Options Exercise $0 -12,194 -9.1% $0.000000 121,935 25 Aug 2021 Common Stock 12,194 $0.000000 Direct F2, F5, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Transaction represents the transfer of 190,000 shares by the Reporting Person of Issuer common stock by bona fide gift.
F2 Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
F3 Represents the number of shares withheld by the Issuer to cover tax withholding obligations in connection with the vesting of RSUs.
F4 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.
F5 Not applicable.
F6 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.
F7 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.
F8 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.
F9 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.