Form Type: 4

SEC EDGAR Link
Accession Number:0001127602-19-020206
Date:2019-05-25
Issuer: LENDINGCLUB CORP (LC)
Original Submission Date:

Reporting Person:

KOOHESTANI BAHMAN
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 2019-05-25 M 74,184 a $0.00 188,938 direct
COMMON STOCK 2019-05-25 F 39,058 d $3.09 149,880 direct
COMMON STOCK 2019-05-25 M 22,464 a $0.00 172,344 direct
COMMON STOCK 2019-05-25 F 11,828 d $3.09 160,516 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
RESTRICTED STOCK UNIT (RSU) 0.0 2019-05-25 deemed execution date M 74,184 (d) common stock 74,184 $0.00 890,208 direct
RESTRICTED STOCK UNIT (RSU) 0.0 2019-05-25 deemed execution date M 22,464 (d) common stock 22,464 $0.00 336,961 direct
Footnotes
IDfootnote
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 august 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
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