SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 22, 2013
(Exact name of registrant as specified in its charter)
Registrants telephone number, including area code: (415) 632.5600
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Effective February 22, 2013, the Board of Directors (Board) of LendingClub Corporation (Company) appointed Hans Morris as a member of the Companys Board. Mr. Morris will also serve as the chair of the Companys audit committee and serve as the Companys qualified financial expert. Mr. Morris was granted an option to purchase 165,000 shares of the Companys common stock at an exercise price of $2.78 per share. The option vests quarterly (with a one year cliff) and becomes exercisable in full by the fourth anniversary of the date of grant, provided the he remains in continuous service as a director through that date. There are no related person transactions between Mr. Morris and the Company other than those that have been disclosed in this Current Report on Form 8-K.
The Company issued a press release on February 28, 2013 regarding the appointment of Mr. Morris to its Board of Directors. A copy of the press release is furnished as Exhibit 99.1 hereto and is incorporated herein by reference. This information contain herein shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, and is not incorporated by reference into any filing of the Company, whether made before or after the date of this report, regardless of any general incorporation language in the filing.
Section 9 Financial Statements and Exhibits
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.