THOMAS W. CASEY - 02 Mar 2022 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
02 Mar 2022
Net transactions value
-$401,051
Form type
4
Filing time
27 May 2022, 19:27:22 UTC
Previous filing
01 Mar 2022
Next filing
15 Mar 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 -25,644 -90% $0.000000 2,922 02 Mar 2022 Direct F1
transaction LC Common Stock Options Exercise $0 +8,986 +308% $0.000000 11,908 25 May 2022 Direct F2
transaction LC Common Stock Tax liability $51,056 -4,017 -34% $12.71 7,891 25 May 2022 Direct F3
transaction LC Common Stock Options Exercise $0 +12,596 +160% $0.000000 20,487 25 May 2022 Direct F2
transaction LC Common Stock Tax liability $65,863 -5,182 -25% $12.71 15,305 25 May 2022 Direct F3
transaction LC Common Stock Options Exercise $0 +36,058 +236% $0.000000 51,363 25 May 2022 Direct F2
transaction LC Common Stock Tax liability $180,342 -14,189 -28% $12.71 37,174 25 May 2022 Direct F3
transaction LC Common Stock Options Exercise $0 +12,193 +33% $0.000000 49,367 25 May 2022 Direct F2
transaction LC Common Stock Tax liability $60,983 -4,798 -9.7% $12.71 44,569 25 May 2022 Direct F3
transaction LC Common Stock Options Exercise $0 +8,558 +19% $0.000000 53,127 25 May 2022 Direct F2
transaction LC Common Stock Tax liability $42,807 -3,368 -6.3% $12.71 49,759 25 May 2022 Direct F3
holding LC Common Stock 12,750 02 Mar 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 -8,986 -25% $0.000000 26,957 25 May 2022 Common Stock 8,986 $0.000000 Direct F2, F4, F5
transaction LC Restricted Stock Unit (RSU) Options Exercise $0 -12,596 -12% $0.000000 88,172 25 May 2022 Common Stock 12,596 $0.000000 Direct F2, F5, F6
transaction LC Restricted Stock Unit (RSU) Options Exercise $0 -36,058 -25% $0.000000 108,174 25 May 2022 Common Stock 36,058 $0.000000 Direct F2, F5, F7
transaction LC Restricted Stock Unit (RSU) Options Exercise $0 -12,193 -12% $0.000000 85,355 25 May 2022 Common Stock 12,193 $0.000000 Direct F2, F5, F8
transaction LC Restricted Stock Unit (RSU) Options Exercise $0 -8,558 -8.3% $0.000000 94,142 25 May 2022 Common Stock 8,558 $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 25,644 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, 2019, 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 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 25% of the total shares on May 25, 2022, with an additional 25% of the total shares vesting quarterly thereafter, subject to continuous service through each vesting date.
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.
F9 The RSUs vested as to 8.33% of the total shares on May 25, 2022, with an additional 8.33% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date.