4//SEC Filing
LendingClub Corp 4
Accession 0001181431-14-039183
$LCCIK 0001409970operating
Filed
Dec 17, 7:00 PM ET
Accepted
Dec 18, 2:41 PM ET
Size
26.8 KB
Accession
0001181431-14-039183
Insider Transaction Report
Form 4
NORWEST VENTURE PARTNERS X L P
10% Owner
Transactions
- Conversion
Series A Convertible Preferred Stock
2014-12-16−27,820,800→ 0 total(indirect: See Footnote)→ Common Stock (27,820,800 underlying) - Conversion
Common Stock Warrant (right to buy)
2014-12-16+469,484→ 469,484 total(indirect: See Footnote)Exercise: $0.27Exp: 2015-01-24→ Common Stock (469,484 underlying) - Conversion
Series A Convertible Preferred Warrant (right to buy)
2014-12-16−469,484→ 0 total(indirect: See Footnote)Exercise: $0.27Exp: 2015-01-24→ Series A Convertible Preferred Stock (469,484 underlying) - Conversion
Common Stock
2014-12-16+10,165,084→ 50,352,536 total(indirect: See Footnote) - Conversion
Series C Convertible Preferred Stock
2014-12-16−10,165,084→ 0 total(indirect: See Footnote)→ Common Stock (10,165,084 underlying) - Conversion
Common Stock
2014-12-16+27,820,800→ 27,820,800 total(indirect: See Footnote) - Conversion
Common Stock
2014-12-16+12,366,652→ 40,187,452 total(indirect: See Footnote) - Exercise of In-Money
Common Stock
2014-12-16$0.27/sh+469,484$125,024→ 50,822,020 total(indirect: See Footnote) - Conversion
Series B Convertible Preferred Stock
2014-12-16−12,366,652→ 0 total(indirect: See Footnote)→ Common Stock (12,366,652 underlying) - Exercise of In-Money
Common Stock Warrant (right to buy)
2014-12-16−469,484→ 0 total(indirect: See Footnote)Exercise: $0.27Exp: 2015-01-24→ Common Stock (469,484 underlying)
Howard Matthew D.
10% Owner
Transactions
- Conversion
Series B Convertible Preferred Stock
2014-12-16−12,366,652→ 0 total(indirect: See Footnote)→ Common Stock (12,366,652 underlying) - Conversion
Common Stock Warrant (right to buy)
2014-12-16+469,484→ 469,484 total(indirect: See Footnote)Exercise: $0.27Exp: 2015-01-24→ Common Stock (469,484 underlying) - Conversion
Common Stock
2014-12-16+27,820,800→ 27,820,800 total(indirect: See Footnote) - Conversion
Common Stock
2014-12-16+10,165,084→ 50,352,536 total(indirect: See Footnote) - Conversion
Series C Convertible Preferred Stock
2014-12-16−10,165,084→ 0 total(indirect: See Footnote)→ Common Stock (10,165,084 underlying) - Exercise of In-Money
Common Stock
2014-12-16$0.27/sh+469,484$125,024→ 50,822,020 total(indirect: See Footnote) - Conversion
Series A Convertible Preferred Stock
2014-12-16−27,820,800→ 0 total(indirect: See Footnote)→ Common Stock (27,820,800 underlying) - Conversion
Series A Convertible Preferred Warrant (right to buy)
2014-12-16−469,484→ 0 total(indirect: See Footnote)Exercise: $0.27Exp: 2015-01-24→ Series A Convertible Preferred Stock (469,484 underlying) - Conversion
Common Stock
2014-12-16+12,366,652→ 40,187,452 total(indirect: See Footnote) - Exercise of In-Money
Common Stock Warrant (right to buy)
2014-12-16−469,484→ 0 total(indirect: See Footnote)Exercise: $0.27Exp: 2015-01-24→ Common Stock (469,484 underlying)
HAQUE PROMOD
10% Owner
Transactions
- Conversion
Series B Convertible Preferred Stock
2014-12-16−12,366,652→ 0 total(indirect: See Footnote)→ Common Stock (12,366,652 underlying) - Conversion
Series A Convertible Preferred Warrant (right to buy)
2014-12-16−469,484→ 0 total(indirect: See Footnote)Exercise: $0.27Exp: 2015-01-24→ Series A Convertible Preferred Stock (469,484 underlying) - Conversion
Common Stock
2014-12-16+12,366,652→ 40,187,452 total(indirect: See Footnote) - Conversion
Common Stock
2014-12-16+10,165,084→ 50,352,536 total(indirect: See Footnote) - Conversion
Series C Convertible Preferred Stock
2014-12-16−10,165,084→ 0 total(indirect: See Footnote)→ Common Stock (10,165,084 underlying) - Conversion
Common Stock Warrant (right to buy)
2014-12-16+469,484→ 469,484 total(indirect: See Footnote)Exercise: $0.27Exp: 2015-01-24→ Common Stock (469,484 underlying) - Exercise of In-Money
Common Stock Warrant (right to buy)
2014-12-16−469,484→ 0 total(indirect: See Footnote)Exercise: $0.27Exp: 2015-01-24→ Common Stock (469,484 underlying) - Exercise of In-Money
Common Stock
2014-12-16$0.27/sh+469,484$125,024→ 50,822,020 total(indirect: See Footnote) - Conversion
Series A Convertible Preferred Stock
2014-12-16−27,820,800→ 0 total(indirect: See Footnote)→ Common Stock (27,820,800 underlying) - Conversion
Common Stock
2014-12-16+27,820,800→ 27,820,800 total(indirect: See Footnote)
Footnotes (6)
- [F1]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 the registration statement, and had no expiration date.
- [F2]Consists of shares held by Norwest Venture Partners X, LP, or NVP X. Genesis VC Partners X, LLC, or Genesis X, is the general partner of NVP X and may be deemed to have sole voting and dispositive power over the shares held by NVP X. Promod Haque and Matthew Howard, as co-chief executive officers of the managing member of Genesis X may be deemed to share voting and dispositive power over the shares held by NVP X. Such persons and entities disclaim beneficial ownership of shares held by NVP X, except to the extent of any proportionate pecuniary interest therein.
- [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]In connection with the closing of the IPO, the warrant was converted into a warrant to purchase an equivalent number of shares of the isssuer's Common Stock.
- [F6]Fully exercisable on date of issuance.
Documents
Issuer
LendingClub Corp
CIK 0001409970
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001409970
Filing Metadata
- Form type
- 4
- Filed
- Dec 17, 7:00 PM ET
- Accepted
- Dec 18, 2:41 PM ET
- Size
- 26.8 KB