SEC Form 4 · accession 0001127602-17-020990
Happen, Inc. · HAPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Simon Williams
Director
Period of report
May 16, 2017
Accepted (ET)
Jun 8, 2017 · 7:03 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 | May 16, 2017 | G | 8,000 | $0.00 | D | 153,053 | D | |
| Common StockF2 | Jun 6, 2017 | A | 35,336 | $0.00 | A | 35,336 | D | |
| Common Stock | holding | — | — | — | 48,000 | I | By Camelot Financial Capital Management, LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This transaction represents a bona fide gift of shares to a donor advised fund.
- F2Represents the annual equity award of restricted stock units to each non-employee director pursuant to the approved non-employee director compensation plan. The award is made 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 6, 2017, subject to continued service through each vesting date.