Andrew LaBenne - 25 Aug 2025 Form 4 Insider Report for LendingClub Corp (LC)

Role
Chief Financial Officer
Signature
/s/ Bhavit Sheth, attorney-in-fact
Issuer symbol
LC
Transactions as of
25 Aug 2025
Net transactions value
-$425,609
Form type
4
Filing time
27 Aug 2025, 16:37:28 UTC
Previous filing
01 Aug 2025
Next filing
17 Sep 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
LaBenne Andrew Chief Financial Officer C/O LENDINGCLUB CORPORATION, 595 MARKET ST. #200, SAN FRANCISCO /s/ Bhavit Sheth, attorney-in-fact 27 Aug 2025 0001847231

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LC Common Stock Options Exercise $0 +20,005 +11% $0.000000 198,116 25 Aug 2025 Direct F1
transaction LC Common Stock Options Exercise $0 +10,849 +5.5% $0.000000 208,965 25 Aug 2025 Direct F1
transaction LC Common Stock Options Exercise $0 +12,274 +5.9% $0.000000 221,239 25 Aug 2025 Direct F1
transaction LC Common Stock Options Exercise $0 +7,509 +3.4% $0.000000 228,748 25 Aug 2025 Direct F1
transaction LC Common Stock Tax liability $425,609 -26,095 -11% $16.31 202,653 25 Aug 2025 Direct F2
holding LC Common Stock 10,000 25 Aug 2025 UTMAs for Children F3

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 -20,005 -100% $0.000000 0 25 Aug 2025 Common Stock 20,005 $0.000000 Direct F1, F4, F5
transaction LC Restricted Stock Unit (RSU) Options Exercise $0 -10,849 -33% $0.000000 21,697 25 Aug 2025 Common Stock 10,849 $0.000000 Direct F1, F5, F6
transaction LC Restricted Stock Unit (RSU) Options Exercise $0 -12,274 -14% $0.000000 73,645 25 Aug 2025 Common Stock 12,274 $0.000000 Direct F1, F5, F7
transaction LC Restricted Stock Unit (RSU) Options Exercise $0 -7,509 -9.1% $0.000000 75,086 25 Aug 2025 Common Stock 7,509 $0.000000 Direct F1, F5, F8
* 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 Aggregates 5,000 shares of Issuer's common stock held in each of two UTMA accounts for children of the Reporting Person.
F4 The RSUs vested as to 33.33% of the total shares on August 25, 2023, with an additional 8.33% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date.
F5 Not applicable.
F6 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.
F7 The RSUs vested as to 8.33% of the total shares on May 25, 2024, with an additional 8.33% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date.
F8 The RSUs vested as to 8.33% of the total shares on May 25, 2025, with an additional 8.33% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date.