Thomas W. Casey - Jun 3, 2021 Form 4 Insider Report for LendingClub Corp (LC)

Role
Chief Financial Officer, Director
Signature
/s/ Bhavit Sheth, attorney-in-fact
Stock symbol
LC
Transactions as of
Jun 3, 2021
Transactions value $
-$612,250
Form type
4
Date filed
8/27/2021, 07:02 PM
Previous filing
May 27, 2021
Next filing
Nov 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LC Common Stock Gift $0 -190K -92.26% $0.00 15.9K Jun 3, 2021 Direct F1
transaction LC Common Stock Options Exercise $0 +11.2K +70.19% $0.00 27.1K Aug 25, 2021 Direct F2
transaction LC Common Stock Tax liability -$157K -5.39K -19.84% $29.08 21.8K Aug 25, 2021 Direct F3
transaction LC Common Stock Options Exercise $0 +3.06K +14.06% $0.00 24.8K Aug 25, 2021 Direct F2
transaction LC Common Stock Tax liability -$41.2K -1.42K -5.71% $29.08 23.4K Aug 25, 2021 Direct F3
transaction LC Common Stock Options Exercise $0 +8.99K +38.4% $0.00 32.4K Aug 25, 2021 Direct F2
transaction LC Common Stock Tax liability -$121K -4.16K -12.85% $29.08 28.2K Aug 25, 2021 Direct F3
transaction LC Common Stock Options Exercise $0 +12.6K +44.63% $0.00 40.8K Aug 25, 2021 Direct F2
transaction LC Common Stock Tax liability -$154K -5.29K -12.97% $29.08 35.5K Aug 25, 2021 Direct F3
transaction LC Common Stock Options Exercise $0 +12.2K +34.32% $0.00 47.7K Aug 25, 2021 Direct F2
transaction LC Common Stock Tax liability -$140K -4.8K -10.06% $29.08 42.9K Aug 25, 2021 Direct F3
holding LC Common Stock 10K Jun 3, 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 -11.2K -33.33% $0.00 22.4K Aug 25, 2021 Common Stock 11.2K $0.00 Direct F2, F4, F5
transaction LC Restricted Stock Unit (RSU) Options Exercise $0 -3.06K -49.99% $0.00 3.06K Aug 25, 2021 Common Stock 3.06K $0.00 Direct F2, F5, F6
transaction LC Restricted Stock Unit (RSU) Options Exercise $0 -8.99K -14.29% $0.00 53.9K Aug 25, 2021 Common Stock 8.99K $0.00 Direct F2, F5, F7
transaction LC Restricted Stock Unit (RSU) Options Exercise $0 -12.6K -9.09% $0.00 126K Aug 25, 2021 Common Stock 12.6K $0.00 Direct F2, F5, F8
transaction LC Restricted Stock Unit (RSU) Options Exercise $0 -12.2K -9.09% $0.00 122K Aug 25, 2021 Common Stock 12.2K $0.00 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.