Accession Number: | 0001127602-20-010951 |
Date: | 2020-03-12 |
Issuer: | LENDINGCLUB CORP (LC) |
Original Submission Date: |
SANBORN SCOTT
C/O LENDINGCLUB CORPORATION
595 MARKET ST. #200
SAN FRANCISCO, CA 94105
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
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Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
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RESTRICTED STOCK UNIT (RSU) | 0.0 | 2020-03-12 | deemed execution date | A | 81,519 (a) | common stock 81,519 | $0.00 | 81,519 | direct |
ID | footnote |
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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 a grant of rsus under the issuer's 2014 equity incentive plan as a result of the issuer's achievement of certain performance criteria for 2019/2020. the rsus will vest as to 25% of the total shares on may 25, 2020, with an additional 12.5% of the total shares vesting quarterly thereafter, subject to continuous service through each vesting date. |
f3 | not applicable. |