SEC Form 4 · accession 0001127602-17-006142
Happen, Inc. · HAPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy Bogan
Officer — Chief Risk Officer
Period of report
Feb 10, 2017
Accepted (ET)
Feb 14, 2017 · 6:27 pm EST
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 | Feb 10, 2017 | S | 10,000 | $6.50 | D | 19,451 | D | |
| Common StockF2 | holding | — | — | — | 5,486 | D | ||
| Common StockF3 | holding | — | — | — | 122,550 | D | ||
| Common StockF4 | holding | — | — | — | 339,675 | D | ||
| Common StockF5 | holding | — | — | — | 72,459 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2016
- F2Represents 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 6.25% of the total shares quarterly, over a four-year period, beginning on May 25, 2015 subject to continued employment through each vesting date.
- F3Represents 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 100% of the total shares on May 11, 2017 subject to continued employment through each vesting date.
- F4Represents 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 6.25% of the total shares quarterly, over a four-year period, beginning on November 25, 2016 subject to continued employment through each vesting date.
- F5Represents 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 25, 2016 subject to continued employment through each vesting date.