LendingClub Corp 4
4 · LendingClub Corp · Filed Dec 16, 2014
Insider Transaction Report
Form 4
Ciporin Daniel T
Director
Transactions
- Conversion
Series D Convertible Preferred Stock
2014-12-16−10,000→ 0 total(indirect: By Trust)→ Common Stock (10,000 underlying) - Conversion
Common Stock
2014-12-16+586,320→ 586,320 total - Conversion
Common Stock
2014-12-16+183,324→ 952,408 total - Conversion
Common Stock
2014-12-16+10,000→ 48,272 total(indirect: By Trust) - Conversion
Series A Convertible Preferred Stock
2014-12-16−586,320→ 0 total→ Common Stock (586,320 underlying) - Conversion
Series C Convertible Preferred Stock
2014-12-16−183,324→ 0 total→ Common Stock (183,324 underlying) - Conversion
Common Stock
2014-12-16+182,764→ 769,084 total - Conversion
Series B Convertible Preferred Stock
2014-12-16−182,764→ 0 total→ Common Stock (182,764 underlying)
Footnotes (5)
- [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 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.
- [F2]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 IPO pursuant to the Registration Statement, and had no expiration date.
- [F3]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 its IPO pursuant to the Registration Statement, and had no expiration date.
- [F4]Each share of the issuer's Series D Convertible Preferred Stock converted into one (1) share of the issuer's Common Stock 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]The shares are held of record by Jill Ciporin, Trustee of Daniel Ciporin 2014 Family Trust. The reporting person's spouse is a trustee of the trust and the reporting person shares investment power over the shares held by the trust.