THOMAS W. CASEY - 25 Feb 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
25 Feb 2022
Net transactions value
-$349,046
Form type
4
Filing time
01 Mar 2022, 18:50:10 UTC
Previous filing
15 Feb 2022
Next filing
27 May 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 Options Exercise $0 +11,195 +383% $0.000000 14,117 25 Feb 2022 Direct F1
transaction LC Common Stock Tax liability $95,050 -5,263 -37% $18.06 8,854 25 Feb 2022 Direct F2
transaction LC Common Stock Options Exercise $0 +8,986 +101% $0.000000 17,840 25 Feb 2022 Direct F1
transaction LC Common Stock Tax liability $73,251 -4,056 -23% $18.06 13,784 25 Feb 2022 Direct F2
transaction LC Common Stock Options Exercise $0 +12,596 +91% $0.000000 26,380 25 Feb 2022 Direct F1
transaction LC Common Stock Tax liability $94,075 -5,209 -20% $18.06 21,171 25 Feb 2022 Direct F2
transaction LC Common Stock Options Exercise $0 +12,194 +58% $0.000000 33,365 25 Feb 2022 Direct F1
transaction LC Common Stock Tax liability $86,670 -4,799 -14% $18.06 28,566 25 Feb 2022 Direct F2
holding LC Common Stock 12,750 25 Feb 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 -11,195 -100% $0.000000* 0 25 Feb 2022 Common Stock 11,195 $0.000000 Direct F1, F3, F4
transaction LC Restricted Stock Unit (RSU) Options Exercise $0 -8,986 -20% $0.000000 35,943 25 Feb 2022 Common Stock 8,986 $0.000000 Direct F1, F4, F5
transaction LC Restricted Stock Unit (RSU) Options Exercise $0 -12,596 -11% $0.000000 100,768 25 Feb 2022 Common Stock 12,596 $0.000000 Direct F1, F4, F6
transaction LC Restricted Stock Unit (RSU) Options Exercise $0 -12,194 -11% $0.000000 97,548 25 Feb 2022 Common Stock 12,194 $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 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, 2018, 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 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.
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 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.