4//SEC Filing
LendingClub Corp 4
Accession 0001127602-16-070593
$LCCIK 0001409970operating
Filed
Dec 19, 7:00 PM ET
Accepted
Dec 20, 5:01 PM ET
Size
5.2 KB
Accession
0001127602-16-070593
Insider Transaction Report
Form 4
Coleman Bradley
Principle Accounting Officer
Transactions
- Sale
Common Stock
2016-12-16$5.32/sh−22,028$117,284→ 435,118 total
Footnotes (2)
- [F1]Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
- [F2]This transaction was executed in multiple trades during the day at prices ranging from $5.27 to $5.39. 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.
Documents
Issuer
LendingClub Corp
CIK 0001409970
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001409970
Filing Metadata
- Form type
- 4
- Filed
- Dec 19, 7:00 PM ET
- Accepted
- Dec 20, 5:01 PM ET
- Size
- 5.2 KB