Sec Form 4/A Filing - Chen Tian Qiao @ LendingClub Corp - 2016-06-17

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 4/A
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
Chen Tian Qiao
2. Issuer Name and Ticker or Trading Symbol
LendingClub Corp [ LC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
8 STEVENS ROAD
3. Date of Earliest Transaction (MM/DD/YY)
06/17/2016
(Street)
SINGAPORE, U0257819
4. If Amendment, Date Original Filed (MM/DD/YY)
06/21/2016
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/17/2016 X( 1 ) 4,000,000 ( 2 ) A $ 5 57,739,270 I See Footnote ( 3 )
Common Stock 06/17/2016 X( 1 ) 2,000,000 ( 2 ) A $ 5 57,739,270 I See Footnote ( 3 )
Common Stock 06/17/2016 X( 1 ) 8,113,900 ( 2 ) A $ 4 57,739,270 I See Footnote ( 3 )
Common Stock 06/17/2016 X( 1 ) 3,086,000 ( 2 ) A $ 4 57,739,270 I See Footnote ( 3 )
Common Stock 06/17/2016 X( 1 ) 4,500,000 ( 2 ) A $ 3 57,739,270 I See Footnote ( 3 )
Common Stock 06/17/2016 X( 1 ) 1,300,000 ( 2 ) A $ 3 57,739,270 I See Footnote ( 3 )
Common Stock 06/17/2016 X( 1 ) 1,300,000 ( 2 ) A $ 4 57,739,270 I See Footnote ( 3 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Put Option (obligation to buy) $ 4 06/17/2016 E 25,000 ( 4 ) 05/10/2016 06/17/2016 Common Stock 2,500,000 ( 5 ) 0 I See Footnote ( 6 )
Put Option (obligation to buy) $ 4 06/17/2016 E 8,000 ( 4 ) 05/11/2016 06/17/2016 Common Stock 800,000 ( 5 ) 0 I See Footnote ( 6 )
Put Option (obligation to buy) $ 5 06/17/2016 X 40,000 ( 4 ) 05/09/2016 06/17/2016 Common Stock 4,000,000 ( 5 ) 0 I See Footnote ( 3 )
Put Option (obligation to buy) $ 5 06/17/2016 X 20,000 ( 4 ) 05/10/2016 06/17/2016 Common Stock 2,000,000 ( 5 ) 0 I See Footnote ( 3 )
Call Option (right to buy) $ 4 06/17/2016 X 81,139 ( 4 ) 05/11/2016 06/17/2016 Common Stock 8,113,900 ( 5 ) 0 I See Footnote ( 3 )
Call Option (right to buy) $ 4 06/17/2016 X 30,860 ( 4 ) 05/12/2016 06/17/2016 Common Stock 3,086,000 ( 5 ) 0 I See Footnote ( 3 )
Call Option (right to buy) $ 3 06/17/2016 X 45,000 ( 4 ) 05/12/2016 06/17/2016 Common Stock 4,500,000 ( 5 ) 0 I See Footnote ( 3 )
Call Option (right to buy) $ 3 06/17/2016 X 13,000 ( 4 ) 06/14/2016 06/17/2016 Common Stock 1,300,000 ( 5 ) 0 I See Footnote ( 3 )
Call Option (right to buy) $ 4 06/17/2016 X 13,000 ( 4 ) 06/14/2016 06/17/2016 Common Stock 1,300,000 ( 5 ) 0 I See Footnote ( 3 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Chen Tian Qiao
8 STEVENS ROAD
SINGAPORE, U0257819
X
Shanda Media LTD
8 STEVENS ROAD
SINGAPORE, U0257819
X
Premium Lead Co Ltd.
8 STEVENS ROAD
SINGAPORE, U0257819
X
Shanda Technology Overseas Capital Co.
8 STEVENS ROAD
SINGAPORE, U0257819
X
SHANDA ASSET MANAGEMENT HOLDINGS Ltd
8 STEVENS ROAD
SINGAPORE, U0257819
X
Signatures
/s/ Tianqiao Chen 06/28/2016
Signature of Reporting Person Date
/s/ Tianqiao Chen, Director of Shanda Media Limited 06/28/2016
Signature of Reporting Person Date
/s/ Tianqiao Chen, Director of Premium Lead Company Limited 06/28/2016
Signature of Reporting Person Date
/s/ Tianqiao Chen, Director of Shanda Technology Overseas Capital Company Limited 06/28/2016
Signature of Reporting Person Date
/s/ Tianqiao Chen, Director of Shanda Asset Management Holdings Limited 06/28/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This amendment is being filed to amend the transaction codes for the transactions set forth in Table I of the Reporting Persons' previously filed Form 4.
( 2 )Transactions executed at the same price were previously aggregated in the Reporting Persons' previously filed Form 4.
( 3 )The securities disclosed in this Form 4 (except for Put Options set forth in Table II) are directly held by Shanda Asset Management Holdings Limited. Mr. Tianqiao Chen is the sole shareholder of Shanda Media Limited. Shanda Media Limited owns 70% of all outstanding and issued shares of Premium Lead Company Limited which is the sole shareholder of Shanda Technology Overseas Capital Company Limited. Shanda Technology Overseas Capital Company Limited is the sole shareholder of Shanda Asset Management Holdings Limited. Therefore each of Mr. Tianqiao Chen, Shanda Media Limited, Premium Lead Company Limited, Shanda Technology Overseas Capital Company Limited and Shanda Asset Management Holdings Limited may be deemed to be the beneficial owners of such securities.
( 4 )This amendment is being filed to amend the number of derivative securities for the transactions set forth in Table II of the Reporting Persons' previously filed Form 4.
( 5 )Option has either expired or been exercised, as applicable.
( 6 )The Put Options set forth in Table II represent an obligation on the part of Shanda Asset Management Holdings Limited to buy the underlying Common Stock from the holders of such options, at such holders' discretion.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.