SEC Form 4 · accession 0001127602-16-056661
Happen, Inc. · HAPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John J Mack
Director
Period of report
Jun 28, 2016
Accepted (ET)
Jun 30, 2016 · 6:03 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 | Jun 28, 2016 | A | 43,384 | $0.00 | A | 849,387 | D | |
| Common StockF3 | holding | — | — | — | 277,143 | I | By Christy Mack, Trustee Of JJM 2014 GRAT Lending Club II U/A 12/8/2014 | |
| Common StockF4 | holding | — | — | — | 357,143 | I | By Christy Mack, Trustee Of JJM 2014 GRAT Lending Club U/A Dated 10/17/14 |
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 as to 25% of the total shares quarterly, over a one-year period, beginning on June 28, 2016, subject to continued service through each vesting date.
- F2Includes 80,000 shares transferred from JJM 2014 Grat Lending Club II on February 19, 2016.
- F3The shares are held of record by Christy Mack, Trustee of JJM 2014 GRAT Lending Club II U/A Dated 12/8/2014. The reporting person's spouse is the trustee of the trust.
- F4The shares are held of record by Christy Mack, Trustee of JJM 2014 GRAT Lending Club U/A Dated 10/17/14. The reporting person's spouse is the trustee of the trust.