LendingClub Corp 4
4 · LendingClub Corp · Filed Jan 20, 2017
Insider Transaction Report
Form 4
MacIlwaine John
Chief Technology Officer
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2017-01-18−25,000→ 689,740 totalExercise: $0.69Exp: 2017-04-19→ Common Stock (25,000 underlying) - Exercise/Conversion
Common Stock
2017-01-18$0.69/sh+25,000$17,375→ 411,470 total - Sale
Common Stock
2017-01-18$5.48/sh−25,000$136,925→ 386,470 total
Holdings
- 211,712
Stock Option (right to buy)
Exercise: $4.99Exp: 2017-04-19→ Common Stock (211,712 underlying) - 109,963
Stock Option (right to buy)
Exercise: $8.41Exp: 2017-04-19→ Common Stock (109,963 underlying)
Footnotes (4)
- [F1]This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 11, 2016.
- [F2]This transaction was executed in multiple trades during the day at prices ranging from $5.42 to $5.53. 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]Includes 352,707 unvested restricted stock units granted under the LendingClub Corporation 2014 Equity Incentive Plan that were forfeited upon separation from the Issuer
- [F4]In connection with the reporting person's separation from the Company, the award is due to expire on 4/19/2017.