Form 4 for LDI loanDepot, Inc.
Accepted 2023-03-02 00:00:00 ET · period of report 2023-02-28 · accession 0001831631-23-000061 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2023-03-02 | 2023-02-28 | LDI | Lee John Hoon | Dir | M - OptEx | — | +21.6K | 705.7K | +3% | — |
| DI | 2023-03-02 | 2023-03-01 | LDI | Lee John Hoon | Dir | S - Sale+OE | $1.91 | -200.0K | 505.7K | -28% | -$382.0K |
| D | 2023-03-02 | 2023-02-28 | LDI | Lee John Hoon | Dir | M - OptEx | $0.00 | -21.6K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2023-02-28 | M | A | 21,552 | — | 705,660 | I Bluestar Family Holdings, LP | — | — | (F1) As per the Restricted Stock Unit Award Agreement dated June 21, 2022 ("Agreement"), Restricted Stock Units ("RSUs") settle in shares of Class A common stock in 4 installments of 28,257 on June 30, 2022, 21,552 on August 31, 2022, 21,552 on November 30, 2022 and a final installment of 21,552 on February 28, 2023. Within 30 days following vesting of RSUs, Issuer shall deliver the number of shares of Class A Common Stock that correspond to the number of RSUs that vested on the vesting date or, at the discretion of the Compensation Committee, its cash equivalent. (F2) The Reporting Person, as manager of its general partner, has voting and investment power over the assets of Bluestar Family Holdings, LP. |
| 2 | Common | Class A Common Stock | 2023-03-01 | S | D | 200,000 | $1.91 | 505,660 | I Bluestar Family Holdings, LP | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.83 to $2.07. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, specific trade amounts and pricing within the range set forth in this footnote at which the transaction was effected. (F2) The Reporting Person, as manager of its general partner, has voting and investment power over the assets of Bluestar Family Holdings, LP. |
| 3 | Derivative | Restricted Stock Units | 2023-02-28 | M | D | 21,552 | $0.00 | 0 | D | — · — to — | 21,552 Class A Common Stock | (F1) As per the Restricted Stock Unit Award Agreement dated June 21, 2022 ("Agreement"), Restricted Stock Units ("RSUs") settle in shares of Class A common stock in 4 installments of 28,257 on June 30, 2022, 21,552 on August 31, 2022, 21,552 on November 30, 2022 and a final installment of 21,552 on February 28, 2023. Within 30 days following vesting of RSUs, Issuer shall deliver the number of shares of Class A Common Stock that correspond to the number of RSUs that vested on the vesting date or, at the discretion of the Compensation Committee, its cash equivalent. |