Thomas W. Casey - Feb 25, 2022 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
Feb 25, 2022
Transactions value $
-$349,046
Form type
4
Date filed
3/1/2022, 06:50 PM
Previous filing
Feb 15, 2022
Next filing
May 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LC Common Stock Options Exercise $0 +11.2K +383.13% $0.00 14.1K Feb 25, 2022 Direct F1
transaction LC Common Stock Tax liability -$95K -5.26K -37.28% $18.06 8.85K Feb 25, 2022 Direct F2
transaction LC Common Stock Options Exercise $0 +8.99K +101.49% $0.00 17.8K Feb 25, 2022 Direct F1
transaction LC Common Stock Tax liability -$73.3K -4.06K -22.74% $18.06 13.8K Feb 25, 2022 Direct F2
transaction LC Common Stock Options Exercise $0 +12.6K +91.38% $0.00 26.4K Feb 25, 2022 Direct F1
transaction LC Common Stock Tax liability -$94.1K -5.21K -19.75% $18.06 21.2K Feb 25, 2022 Direct F2
transaction LC Common Stock Options Exercise $0 +12.2K +57.6% $0.00 33.4K Feb 25, 2022 Direct F1
transaction LC Common Stock Tax liability -$86.7K -4.8K -14.38% $18.06 28.6K Feb 25, 2022 Direct F2
holding LC Common Stock 12.8K Feb 25, 2022 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 -100% $0.00* 0 Feb 25, 2022 Common Stock 11.2K $0.00 Direct F1, F3, F4
transaction LC Restricted Stock Unit (RSU) Options Exercise $0 -8.99K -20% $0.00 35.9K Feb 25, 2022 Common Stock 8.99K $0.00 Direct F1, F4, F5
transaction LC Restricted Stock Unit (RSU) Options Exercise $0 -12.6K -11.11% $0.00 101K Feb 25, 2022 Common Stock 12.6K $0.00 Direct F1, F4, F6
transaction LC Restricted Stock Unit (RSU) Options Exercise $0 -12.2K -11.11% $0.00 97.5K Feb 25, 2022 Common Stock 12.2K $0.00 Direct F1, F4, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
F2 Represents the number of shares withheld by the Issuer to cover tax withholding obligations in connection with the vesting of RSUs.
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.
F4 Not applicable.
F5 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.
F6 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.
F7 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.