LendingClub Corp 4
4 · LendingClub Corp · Filed Nov 20, 2015
Insider Transaction Report
Form 4
CHEN CHAOMEI
Chief Risk Officer
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2015-11-18−75,000→ 643,108 totalExercise: $0.18Exp: 2022-02-16→ Common Stock (75,000 underlying) - Exercise/Conversion
Common Stock
2015-11-18$0.18/sh+75,000$13,313→ 691,620 total - Sale
Common Stock
2015-11-18$12.80/sh−75,000$959,723→ 616,620 total
Footnotes (3)
- [F1]This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 2, 2015.
- [F2]This transaction was executed in multiple trades during the day at prices ranging from $12.55 to $12.7963. 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.
- [F3]The option vested as to 25% of the total shares on June 1, 2012, with an additional 6.25% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date.