Form Type: 4

SEC EDGAR Link
Accession Number:0001127602-19-019385
Date:2019-05-17
Issuer: LENDINGCLUB CORP (LC)
Original Submission Date:

Reporting Person:

MEEKER MARY G
C/O LENDINGCLUB CORPORATION
595 MARKET ST. #200 SAN FRANCISCO, CA 94105

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2019-05-17 S 350,500 d $3.31 178,081 indirect f2
COMMON STOCK 2019-05-20 S 40,333 d $3.25 137,748 indirect f2
COMMON STOCK 2019-05-21 S 137,748 d $3.26 0 indirect f2
COMMON STOCK 2019-05-17 0 $0.00 15,198 direct
COMMON STOCK 2019-05-17 0 $0.00 312,855 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
Footnotes
IDfootnote
f1 this transaction was executed in multiple trades during the day at prices ranging from $3.26 to $3.36. the weighted-average price is reported above. the reporting person hereby undertakes to provide upon request to the sec staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
f2 the reporting person is a managing member of kpcb dgf associates, llc, which is the managing member of kpcb digital growth fund, llc ("kpcb growth") and kpcb dgf founders fund, llc ("kpcb ff"). kpcb holdings, inc., as nominee, holds the stock for the account of kpcb growth and kpcb ff. the reporting person may be deemed to share voting and investment power over the securities held by kpcb growth and kpcb ff. the reporting person disclaims beneficial ownership over such securities except to the extent of her pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of section 16 or for any other purposes.
f3 this transaction was executed in multiple trades during the day at prices ranging from $3.25 to $3.33. the weighted-average price is reported above. the reporting person hereby undertakes to provide upon request to the sec staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
f4 this transaction was executed in multiple trades during the day at prices ranging from $3.25 to $3.30. the weighted-average price is reported above. the reporting person hereby undertakes to provide upon request to the sec staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
f5 represents the unvested portion of the annual non-employee director equity award of restricted stock units ("rsus") made under the lendingclub corporation 2014 equity incentive plan. each rsu represents the contingent right to receive, upon vesting of the rsu, one share of the issuer's common stock. the rsus will vest quarterly over a one-year period beginning on may 31, 2018, subject to continued service through each vesting date.
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