Ronnie Momen - 25 May 2024 Form 4 Insider Report for LendingClub Corp (LC)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
29 May 2024, 18:27:36 UTC
Prior SEC filing
10 May 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Bhavit Sheth, attorney-in-fact

Key filing fact

Ronnie Momen filed Form 4 for LendingClub Corp (LC) on 29 May 2024.

Key facts

  • This page summarizes Ronnie Momen's Form 4 filing for LendingClub Corp (LC).
  • 7 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 29 May 2024, 18:27.

Change

  • Previous filing in this sequence was filed on 10 May 2024.
  • Current net transaction value: -$176,945.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LC transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+10,270
Change %
+4%
Price
$0.000000
Shares after
266,302
Date
25 May 2024
Ownership
Direct
Footnotes
F1
LC transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+13,948
Change %
+5.2%
Price
$0.000000
Shares after
280,250
Date
25 May 2024
Ownership
Direct
Footnotes
F1
LC transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+12,274
Change %
+4.4%
Price
$0.000000
Shares after
292,524
Date
25 May 2024
Ownership
Direct
Footnotes
F1
LC transaction

Common Stock

Tax liability

Transaction value
$176,945
Shares
-19,617
Change %
-6.7%
Price
$9.02
Shares after
272,907
Date
25 May 2024
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LC transaction Derivative

Restricted Stock Unit (RSU)

Options Exercise

Transaction value
$0
Shares
-10,270
Change %
-25%
Price
$0.000000
Shares after
30,810
Date
25 May 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
10,270
Exercise price
$0.000000
Footnotes
F1, F3, F4
LC transaction Derivative

Restricted Stock Unit (RSU)

Options Exercise

Transaction value
$0
Shares
-13,948
Change %
-12%
Price
$0.000000
Shares after
97,636
Date
25 May 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
13,948
Exercise price
$0.000000
Footnotes
F1, F4, F5
LC transaction Derivative

Restricted Stock Unit (RSU)

Options Exercise

Transaction value
$0
Shares
-12,274
Change %
-8.3%
Price
$0.000000
Shares after
135,015
Date
25 May 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
12,274
Exercise price
$0.000000
Footnotes
F1, F4, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote 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.

Footnote 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.

Footnote F3

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.

Footnote F4

Not applicable.

Footnote F5

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.

Footnote F6

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.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .