X0306 4 2017-02-25 0001409970 LendingClub Corp LC 0001197952 ELMER RUSSELL S C/O LENDINGCLUB CORPORATION 71 STEVENSON STREET, SUITE 300 SAN FRANCISCO CA 94105 1 General Counsel Common Stock 2017-02-25 4 M 0 40917 0 A 66056 D Common Stock 2017-02-27 4 S 0 14757 5.6543 D 51299 D Restricted Stock Unit (RSU) 0 2017-02-25 4 M 0 40917 0 D 2026-09-26 Common Stock 40917 572832 D Represents the conversion upon vesting of restricted stock units into common stock. Such restricted stock units were previously reported in Table II. Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person. This transaction was executed in multiple trades during the day at prices ranging from $5.6222 to $5.68. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected. Represents the remaining unvested portion of a grant of restricted stock units under the LendingClub Corporation 2014 Equity Incentive Plan. Each restricted stock unit represents the contingent right to receive, upon vesting of the unit, one share of the Issuer's common stock. The restricted stock units vested as to 6.25% of the total shares on November 25, 2016, with an additional 6.25% of the total shares vesting quarterly thereafter, subject to continued service through each vesting date. Restricted stock units were previously reported in Table I as common stock with the applicable vesting terms. Restricted stock units will now be reported in Table II. Russell Elmer 2017-03-01