Fergal Stack - 25 May 2025 Form 4 Insider Report for LendingClub Corp (LC)

Role
SVP, Corporate Controller
Signature
/s/ Bhavit Sheth, attorney-in-fact
Issuer symbol
LC
Transactions as of
25 May 2025
Net transactions value
-$42,398
Form type
4
Filing time
28 May 2025, 17:21:57 UTC
Previous filing
14 Mar 2025
Next filing
27 Aug 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Stack Fergal SVP, Corporate Controller C/O LENDINGCLUB CORPORATION, 595 MARKET ST. #200, SAN FRANCISCO /s/ Bhavit Sheth, attorney-in-fact 28 May 2025 0001714400

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LC Common Stock Options Exercise $0 +5,646 +2.4% $0.000000 241,741 25 May 2025 Direct F1
transaction LC Common Stock Options Exercise $0 +3,117 +1.3% $0.000000 244,858 25 May 2025 Direct F1
transaction LC Common Stock Options Exercise $0 +1,907 +0.78% $0.000000 246,765 25 May 2025 Direct F1
transaction LC Common Stock Tax liability $42,398 -4,300 -1.7% $9.86 242,465 25 May 2025 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 -5,646 -25% $0.000000 16,937 25 May 2025 Common Stock 5,646 $0.000000 Direct F1, F3, F4
transaction LC Restricted Stock Unit (RSU) Options Exercise $0 -3,117 -12% $0.000000 21,821 25 May 2025 Common Stock 3,117 $0.000000 Direct F1, F4, F5
transaction LC Restricted Stock Unit (RSU) Options Exercise $0 -1,907 -8.3% $0.000000 20,977 25 May 2025 Common Stock 1,907 $0.000000 Direct F1, F4, F6
* 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 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.
F4 Not applicable.
F5 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.
F6 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.