SEC Form 4 · accession 0001127602-16-052222
Happen, Inc. · HAPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carrie Dolan
Officer — Chief Financial Officer
Period of report
May 11, 2016
Accepted (ET)
May 13, 2016 · 7:11 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001409970
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 11, 2016 | A | 857,844 | $0.00 | A | 868,705 | D | |
| Common StockF3 | holding | — | — | — | 220,000 | I | By Carrie Dolan, As Trust Advisor Of Dolan Family 2014 Irrevocable Gst Exempt Trust | |
| Common StockF4 | holding | — | — | — | 1,672,381 | I | By Paul L. Dolan And Carrie L. Dolan, Trustees Of Dolan Family Trust U/A Dtd 1/27/2003 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents 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 are scheduled to vest 6.25% of the total shares quarterly, over a four-year period, beginning on May 11, 2016 subject to continued employment through each vesting date.
- F2Includes 2,152 shares acquired on May10, 2016 under the LendingClub Corporation 2014 Employee Stock Purchase Plan.
- F3Shares held of record by Carrie Dolan, as Trust Advisor of Dolan Family 2014 Irrevocable GST Exempt Trust.
- F4Shares held of record by Paul L. Dolan and Carrie L. Dolan, Trustees of Dolan Family Trust U/A DTD 1/27/2003.