THOMAS W. CASEY - 07 Sep 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
07 Sep 2021
Net transactions value
-$794,254
Form type
4
Filing time
29 Nov 2021, 19:33:36 UTC
Previous filing
27 Aug 2021
Next filing
14 Feb 2022
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 -40,000 -93% $0.000000 2,922 07 Sep 2021 Direct F1
transaction LC Common Stock Options Exercise $0 +11,194 +383% $0.000000 14,116 25 Nov 2021 Direct F2
transaction LC Common Stock Tax liability $202,532 -5,320 -38% $38.07* 8,796 25 Nov 2021 Direct F3
transaction LC Common Stock Options Exercise $0 +3,059 +35% $0.000000 11,855 25 Nov 2021 Direct F2
transaction LC Common Stock Tax liability $53,184 -1,397 -12% $38.07* 10,458 25 Nov 2021 Direct F3
transaction LC Common Stock Options Exercise $0 +8,985 +86% $0.000000 19,443 25 Nov 2021 Direct F2
transaction LC Common Stock Tax liability $156,201 -4,103 -21% $38.07* 15,340 25 Nov 2021 Direct F3
transaction LC Common Stock Options Exercise $0 +12,596 +82% $0.000000 27,936 25 Nov 2021 Direct F2
transaction LC Common Stock Tax liability $199,677 -5,245 -19% $38.07* 22,691 25 Nov 2021 Direct F3
transaction LC Common Stock Options Exercise $0 +12,193 +54% $0.000000 34,884 25 Nov 2021 Direct F2
transaction LC Common Stock Tax liability $182,660 -4,798 -14% $38.07* 30,086 25 Nov 2021 Direct F3
holding LC Common Stock 10,000 07 Sep 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 -50% $0.000000 11,195 25 Nov 2021 Common Stock 11,194 $0.000000 Direct F2, F4, F5
transaction LC Restricted Stock Unit (RSU) Options Exercise $0 -3,059 -100% $0.000000* 0 25 Nov 2021 Common Stock 3,059 $0.000000 Direct F2, F5, F6
transaction LC Restricted Stock Unit (RSU) Options Exercise $0 -8,985 -17% $0.000000 44,929 25 Nov 2021 Common Stock 8,985 $0.000000 Direct F2, F5, F7
transaction LC Restricted Stock Unit (RSU) Options Exercise $0 -12,596 -10% $0.000000 113,364 25 Nov 2021 Common Stock 12,596 $0.000000 Direct F2, F5, F8
transaction LC Restricted Stock Unit (RSU) Options Exercise $0 -12,193 -10% $0.000000 109,742 25 Nov 2021 Common Stock 12,193 $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 40,000 shares, initiated on September 3, 2021, 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.