Ronnie Momen - 25 Aug 2023 Form 4 Insider Report for LendingClub Corp (LC)

Role: Bank-Chief of Consumer Banking
Signature: /s/ Bhavit Sheth, attorney-in-fact
Issuer symbol: LC
Transactions as of: 25 Aug 2023
Net transactions value: -$147,418
Form type: 4
Filing time: 29 Aug 2023, 18:42:54 UTC
Previous filing: 21 Aug 2023
Next filing: 21 Nov 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LC	Common Stock	Options Exercise	$0	+6,718	+3.1%	$0.000000	224,811	25 Aug 2023	Direct	F1
transaction	LC	Common Stock	Options Exercise	$0	+9,755	+4.3%	$0.000000	234,566	25 Aug 2023	Direct	F1
transaction	LC	Common Stock	Options Exercise	$0	+10,270	+4.4%	$0.000000	244,836	25 Aug 2023	Direct	F1
transaction	LC	Common Stock	Options Exercise	$0	+13,948	+5.7%	$0.000000	258,784	25 Aug 2023	Direct	F1
transaction	LC	Common Stock	Tax liability	$147,418	-21,427	-8.3%	$6.88	237,357	25 Aug 2023	Direct	F2

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	-6,718	-33%	$0.000000	13,436	25 Aug 2023	Common Stock	6,718	$0.000000	Direct	F1, F3, F4
transaction	LC	Restricted Stock Unit (RSU)	Options Exercise	$0	-9,755	-33%	$0.000000	19,510	25 Aug 2023	Common Stock	9,755	$0.000000	Direct	F1, F4, F5
transaction	LC	Restricted Stock Unit (RSU)	Options Exercise	$0	-10,270	-14%	$0.000000	61,620	25 Aug 2023	Common Stock	10,270	$0.000000	Direct	F1, F4, F6
transaction	LC	Restricted Stock Unit (RSU)	Options Exercise	$0	-13,948	-9.1%	$0.000000	139,480	25 Aug 2023	Common Stock	13,948	$0.000000	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	Does not represent a sale of shares. 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, 2020, 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 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.
F6	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.
F7	The RSUs vested as to 8.33% of the total shares on May 25, 2023, with an additional 8.33% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date.