4//SEC Filing
Gulati Sameer 4
Accession 0001127602-18-026423
CIK 0001409970other
Filed
Aug 27, 8:00 PM ET
Accepted
Aug 28, 6:08 PM ET
Size
16.0 KB
Accession
0001127602-18-026423
Insider Transaction Report
Form 4
Gulati Sameer
Chief Operations Officer
Transactions
- Exercise/Conversion
Common Stock
2018-08-25+17,202→ 432,372 total - Exercise/Conversion
Common Stock
2018-08-25+32,649→ 465,021 total - Exercise/Conversion
Restricted Stock Unit (RSU)
2018-08-25−17,202→ 172,019 totalExercise: $0.00Exp: 2027-02-24→ Common Stock (17,202 underlying) - Exercise/Conversion
Restricted Stock Unit (RSU)
2018-08-25−32,649→ 457,091 totalExercise: $0.00→ Common Stock (32,649 underlying) - Exercise/Conversion
Common Stock
2018-08-25+15,725→ 415,170 total - Tax Payment
Common Stock
2018-08-25$3.84/sh−32,514$124,854→ 432,507 total - Exercise/Conversion
Restricted Stock Unit (RSU)
2018-08-25−15,725→ 330,232 totalExercise: $0.00Exp: 2026-05-26→ Common Stock (15,725 underlying)
Footnotes (5)
- [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]Represents the number of shares withheld by the Issuer to cover tax withholding obligations in connection with the vesting of RSUs.
- [F3]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.
- [F4]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.
- [F5]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
- Aug 27, 8:00 PM ET
- Accepted
- Aug 28, 6:08 PM ET
- Size
- 16.0 KB