Key facts
- This page summarizes Fergal Stack's Form 4 filing for LendingClub Corp (LC).
- 9 reported transactions and 4 derivative rows are listed below.
- Accepted by SEC: 01 Mar 2022, 18:43.
Fergal Stack - 25 Feb 2022 Form 4 Insider Report for LendingClub Corp (LC)
- Reporting relationship
- SVP, Corporate Controller
- Issuer ticker
- LC
- Reported as of
- 25 Feb 2022
- Net transaction value
- -$113,862
- SEC form
- 4
- Accepted by SEC
- 01 Mar 2022, 18:43:58 UTC
- Prior SEC filing
- 29 Nov 2021
- Next SEC filing
- 15 Mar 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Bhavit Sheth, attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Fergal Stack filed Form 4 for LendingClub Corp (LC) on 01 Mar 2022.
Change
- Previous filing in this sequence was filed on 29 Nov 2021.
- Current net transaction value: -$113,862.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
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
- +3,546
- Change %
- +3.3%
- Price
- $0.000000
- Shares after
- 112,041
- Date
- 25 Feb 2022
- Ownership
- Direct
- Footnotes
- F1
LC
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +2,397
- Change %
- +2.1%
- Price
- $0.000000
- Shares after
- 114,438
- Date
- 25 Feb 2022
- Ownership
- Direct
- Footnotes
- F1
LC
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +5,099
- Change %
- +4.5%
- Price
- $0.000000
- Shares after
- 119,537
- Date
- 25 Feb 2022
- Ownership
- Direct
- Footnotes
- F1
LC
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +4,442
- Change %
- +3.7%
- Price
- $0.000000
- Shares after
- 123,979
- Date
- 25 Feb 2022
- Ownership
- Direct
- Footnotes
- F1
LC
transaction
Common Stock
Sale
- Transaction value
- $113,862
- Shares
- -6,127
- Change %
- -4.9%
- Price
- $18.58
- Shares after
- 117,852
- Date
- 28 Feb 2022
- Ownership
- Direct
- Footnotes
- F2, F3
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
- -3,546
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 25 Feb 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 3,546
- Exercise price
- $0.000000
- Footnotes
- F1, F4, F5
LC
transaction
Derivative
Restricted Stock Unit (RSU)
Options Exercise
- Transaction value
- $0
- Shares
- -2,397
- Change %
- -20%
- Price
- $0.000000
- Shares after
- 9,585
- Date
- 25 Feb 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 2,397
- Exercise price
- $0.000000
- Footnotes
- F1, F5, F6
LC
transaction
Derivative
Restricted Stock Unit (RSU)
Options Exercise
- Transaction value
- $0
- Shares
- -5,099
- Change %
- -11%
- Price
- $0.000000
- Shares after
- 40,787
- Date
- 25 Feb 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 5,099
- Exercise price
- $0.000000
- Footnotes
- F1, F5, F7
LC
transaction
Derivative
Restricted Stock Unit (RSU)
Options Exercise
- Transaction value
- $0
- Shares
- -4,442
- Change %
- -11%
- Price
- $0.000000
- Shares after
- 35,536
- Date
- 25 Feb 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 4,442
- Exercise price
- $0.000000
- Footnotes
- F1, F5, 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 required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer's election under its 2014 Equity Incentive Plan to require the satisfaction of tax withholding obligations with respect to the Reporting Person to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
Footnote F3
This transaction was executed in multiple trades during the day at prices ranging from $18.24 to $19.04. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected.
Footnote 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.
Footnote F5
Not applicable.
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.