Form Type: 4

SEC EDGAR Link
Accession Number:0001127602-19-020210
Date:2019-05-25
Issuer: LENDINGCLUB CORP (LC)
Original Submission Date:

Reporting Person:

SANBORN SCOTT
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 34,404 a $0.00 1,665,127 direct
COMMON STOCK 2019-05-25 F 18,114 d $3.09 1,647,013 direct
COMMON STOCK 2019-05-25 M 46,642 a $0.00 1,693,655 direct
COMMON STOCK 2019-05-25 F 24,558 d $3.09 1,669,097 direct
COMMON STOCK 2019-05-25 M 133,806 a $0.00 1,802,903 direct
COMMON STOCK 2019-05-25 F 70,449 d $3.09 1,732,454 direct
COMMON STOCK 2019-05-25 M 49,920 a $0.00 1,782,374 direct
COMMON STOCK 2019-05-25 F 26,283 d $3.09 1,756,091 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 34,404 (d) common stock 34,404 $0.00 240,826 direct
RESTRICTED STOCK UNIT (RSU) 0.0 2019-05-25 deemed execution date M 46,642 (d) common stock 46,642 $0.00 513,060 direct
RESTRICTED STOCK UNIT (RSU) 0.0 2019-05-25 deemed execution date M 133,806 (d) common stock 133,806 $0.00 401,418 direct
RESTRICTED STOCK UNIT (RSU) 0.0 2019-05-25 deemed execution date M 49,920 (d) common stock 49,920 $0.00 748,803 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 may 25, 2017, 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, 2018, 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 25% of the total shares on may 25, 2019, with an additional 12.5% of the total shares vesting quarterly thereafter, subject to continuous service through each vesting date.
f7 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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