4//SEC Filing
Gulati Sameer 4
Accession 0001127602-18-034547
CIK 0001409970other
Filed
Nov 26, 7:00 PM ET
Accepted
Nov 27, 8:31 PM ET
Size
16.2 KB
Accession
0001127602-18-034547
Insider Transaction Report
Form 4
Gulati Sameer
Chief Operations Officer
Transactions
- Exercise/Conversion
Restricted Stock Unit (RSU)
2018-11-25−17,202→ 154,817 totalExercise: $0.00Exp: 2027-02-24→ Common Stock (17,202 underlying) - Exercise/Conversion
Common Stock
2018-11-25+32,649→ 518,939 total - Exercise/Conversion
Restricted Stock Unit (RSU)
2018-11-25−15,725→ 283,058 totalExercise: $0.00Exp: 2026-05-26→ Common Stock (15,725 underlying) - Tax Payment
Common Stock
2018-11-25$3.47/sh−32,514$112,824→ 486,425 total - Exercise/Conversion
Restricted Stock Unit (RSU)
2018-11-25−32,649→ 424,442 totalExercise: $0.00→ Common Stock (32,649 underlying) - Exercise/Conversion
Common Stock
2018-11-25+17,202→ 486,290 total - Exercise/Conversion
Common Stock
2018-11-25+15,725→ 469,088 total
Footnotes (6)
- [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]Includes 5,000 shares acquired on each of May 10, 2018 and November 10, 2018 under the LendingClub Corporation 2014 Employee Stock Purchase Plan.
- [F3]Represents the number of shares withheld by the Issuer to cover tax withholding obligations in connection with the vesting of RSUs.
- [F4]The RSUs vested as to 2.08% of the total shares monthly over a four-year period, beginning on May 25, 2016, subject to continued service through each vesting date.
- [F5]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.
- [F6]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.
Documents
Issuer
LendingClub Corp
CIK 0001409970
Entity typeother
Related Parties
1- filerCIK 0001675009
Filing Metadata
- Form type
- 4
- Filed
- Nov 26, 7:00 PM ET
- Accepted
- Nov 27, 8:31 PM ET
- Size
- 16.2 KB