LendingClub Corp 4
4 · LendingClub Corp · Filed Dec 16, 2014
Insider Transaction Report
Form 4
Moldow Charles
10% OwnerOther
Transactions
- Conversion
Common Stock
2014-12-16+650,012→ 1,130,356 total(indirect: By Foundation) - Conversion
Common Stock
2014-12-16+8,461,564→ 9,591,920 total(indirect: By Foundation) - Conversion
Common Stock
2014-12-16+26,368,636→ 35,960,556 total(indirect: By Foundation) - Conversion
Common Stock
2014-12-16+2,971,588→ 38,932,144 total(indirect: By Foundation) - Conversion
Common Stock
2014-12-16+7,264→ 12,632 total(indirect: By LLC) - Conversion
Common Stock
2014-12-16+94,544→ 107,176 total(indirect: By LLC) - Conversion
Common Stock
2014-12-16+294,628→ 401,804 total(indirect: By LLC) - Conversion
Series A Convertible Preferred Stock
2014-12-16−650,012→ 0 total(indirect: By Foundation)→ Common Stock (650,012 underlying) - Conversion
Series A Convertible Preferred Stock
2014-12-16−7,264→ 0 total(indirect: By LLC)→ Common Stock (7,264 underlying) - Conversion
Series B Convertible Preferred Stock
2014-12-16−94,544→ 0 total(indirect: By LLC)→ Common Stock (94,544 underlying) - Conversion
Series C Convertible Preferred Stock
2014-12-16−294,628→ 0 total(indirect: By LLC)→ Common Stock (294,628 underlying) - Conversion
Common Stock
2014-12-16+33,204→ 435,008 total(indirect: By LLC) - Conversion
Series B Convertible Preferred Stock
2014-12-16−8,461,564→ 0 total(indirect: By Foundation)→ Common Stock (8,461,564 underlying) - Conversion
Series C Convertible Preferred Stock
2014-12-16−26,368,636→ 0 total(indirect: By Foundation)→ Common Stock (26,368,636 underlying) - Conversion
Series D Convertible Preferred Stock
2014-12-16−2,971,588→ 0 total(indirect: By Foundation)→ Common Stock (2,971,588 underlying) - Conversion
Series D Convertible Preferred Stock
2014-12-16−33,204→ 0 total(indirect: By LLC)→ Common Stock (33,204 underlying)
Footnotes (5)
- [F1]Foundation Capital Management Co. VI, LLC is the sole manager of Foundation Capital VI, L.P. and Foundation Capital VI Principals Fund, LLC and has sole voting and investment power with respect to the shares held by Foundation Capital VI, L.P. and Foundation Capital VI Principals Fund, LLC. William B.Elmore, Paul G. Koontz, Michael N. Schuh, Paul R. Holland, Richard A. Redelfs, Steve P. Vassallo, Charles P. Moldow and Warren M. Weiss are managing members of Foundation Capital Management Co. VI, LLC, and may be deemed to share voting and investment power over the shares owned by Foundation Capital VI, L.P. and Foundation Capital VI Principals Fund, LLC. Each of the managing members of Foundation Capital Management Co. VI, LLC disclaims beneficial ownership in the shares held by the aforementioned entities except to the extent of his or her pecuniary interest therein.
- [F2]Each share of the issuer's Series A Convertible Preferred Stock converted into one (1) share of the issuer's Common Stock on December 16, 2014 in connection with the closing of the issuer's sale of its Common Stock in its firm commitment initial public offering (the "IPO") pursuant to a registration statement on Form S-1 (File No. 333-198393) under the Securities Act of 1933, as amended (the "Registration Statement"), and had no expiration date.
- [F3]Each share of the issuer's Series B Convertible Preferred Stock converted into one (1) share of the issuer's Common Stock on December 16, 2014 in connection with the closing of the issuer's sale of its Common Stock in the IPO pursuant to the Registration Statement, and had no expiration date.
- [F4]Each share of the issuer's Series C Convertible Preferred Stock converted into one (1) share of the issuer's Common Stock on December 16, 2014 in connection with the closing of the issuer's sale of its Common Stock in the IPO pursuant to the Registration Statement, and had no expiration date.
- [F5]Each share of the issuer's Series D Convertible Preferred Stock converted into one (1) share of the issuer's Common Stock on December 16, 2014 in connection with the closing of the issuer's sale of its Common Stock in the IPO pursuant to the Registration Statement, and had no expiration date.