John C. Morris - Dec 23, 2022 Form 4 Insider Report for LendingClub Corp (LC)

Role: Director
Signature: /s/ Brandon Pace, attorney-in-fact
Stock symbol: LC
Transactions as of: Dec 23, 2022
Transactions value $: $274,852
Form type: 4
Date filed: 12/28/2022, 04:59 PM
Previous filing: Jun 15, 2022
Next filing: Jun 12, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LC	Common Stock	Options Exercise	$459K	+132K	+159.02%	$3.48	215K	Dec 23, 2022	Direct
transaction	LC	Common Stock	Tax liability	-$184K	-52.9K	-24.61%	$3.48	162K	Dec 23, 2022	Direct
holding	LC	Common Stock						6.21K	Dec 23, 2022	Direct	F1

Showing 1 to 3 of 3 entries

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	Stock Option (right to buy)	Options Exercise	$0	-132K	-100%	$0.00^*	0	Dec 23, 2022	Common Stock	132K	$3.48	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the unvested portion of a previously granted non-employee director equity award of restricted stock units ("RSUs") made under the LendingClub Corporation 2014 Equity Incentive Plan. Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
F2	The option is fully exercisable.