Form 4 for LDI loanDepot, Inc.
Accepted 2023-05-11 00:00:00 ET · period of report 2023-04-27 · accession 0001831631-23-000156 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-05-11 | 2023-04-27 | LDI | Martell Frank | CEO, Pres, Dir | M - OptEx | — | +250.0K | 250.0K | New | — |
| D | 2023-05-11 | 2023-04-27 | LDI | Martell Frank | CEO, Pres, Dir | F - Tax | $1.76 | -115.4K | 134.6K | -46% | -$203.2K |
| D | 2023-05-11 | 2023-04-27 | LDI | Martell Frank | CEO, Pres, Dir | M - OptEx | $0.00 | -250.0K | 750.0K | -25% | $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 | 2023-04-27 | M | A | 250,000 | — | 250,000 | D | — | — | (F1) This transaction is being reported late by the Reporting Person due to an inadvertent administrative error. (F2) Each restricted stock unit ("RSU") represents a contingent right to receive, at settlement, one share of Class A Common Stock. |
| 2 | Common | Class A Common Stock | 2023-04-27 | F | D | 115,428 | $1.76 | 134,572 | D | — | — | (F1) This transaction is being reported late by the Reporting Person due to an inadvertent administrative error. (F3) The transaction reported reflects the withholding of RSUs in satisfaction of the Reporting Person's tax liability. |
| 3 | Derivative | Restricted Stock Units | 2023-04-27 | M | D | 250,000 | $0.00 | 750,000 | D | — · — to — | 250,000 Class A Common Stock | (F1) This transaction is being reported late by the Reporting Person due to an inadvertent administrative error. (F2) Each restricted stock unit ("RSU") represents a contingent right to receive, at settlement, one share of Class A Common Stock. (F5) The RSUs are scheduled to vest as follows, 250,000 on each of 4/27/24, 4/27/25 and 4/27/26. Within 30 days following each vesting date (provided such date does not fall during a Blackout Period),Issuer will deliver the number of shares of Class A Common Stock that correspond to the number of RSUs that vested. |