Form 4 for LDI loanDepot, Inc.
Accepted 2025-01-02 00:00:00 ET · period of report 2024-12-31 · accession 0001831631-25-000002 · 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 | 2025-01-02 | 2024-12-31 | LDI | Martell Frank | CEO, Pres, Dir | M - OptEx | — | +312.3K | 794.9K | +65% | — |
| D | 2025-01-02 | 2024-12-31 | LDI | Martell Frank | CEO, Pres, Dir | F - Tax | $2.04 | -158.3K | 636.6K | -20% | -$322.9K |
| D | 2025-01-02 | 2024-12-31 | LDI | Martell Frank | CEO, Pres, Dir | M - OptEx | $0.00 | -312.3K | 936.9K | -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 | 2024-12-31 | M | A | 312,290 | — | 794,879 | D | — | — | (F1) Each performance share unit ("PSU") represents a contingent right to receive one share of Issuer's Class A Common Stock upon satisfaction of the applicable vesting conditions. |
| 2 | Common | Class A Common Stock | 2024-12-31 | F | D | 158,269 | $2.04 | 636,610 | D | — | — | |
| 3 | Derivative | Performance Share Units | 2024-12-31 | M | D | 312,290 | $0.00 | 936,872 | D | — · — to — | 312,290 Class A Common Stock | (F1) Each performance share unit ("PSU") represents a contingent right to receive one share of Issuer's Class A Common Stock upon satisfaction of the applicable vesting conditions. (F4) The PSUs are scheduled to vest (or have vested) if the average closing price of the Class A Common Stock over any 30-consecutive trading day period prior to the 5th anniversary of the grant date equals or exceeds the following share prices: (i) <$3.00 share price - 0% of target PSUs that vest; (ii) $3.00 share price - 25% of target PSUs that vest (vested 12/31/24); (iii) $4.00 share price - 50% of target PSUs that vest; (iv) $5.00 share price - 75% of target PSUs that vest; (v) $6.00 share price - 100% of target PSUs that vest; (vi) $7.50 share price - 125% of target PSUs that vest; (vii) $9.00 share price - 150% of target PSUs that vest; (viii) $10.50 share price - 175% of target PSUs that vest; and (ix) $13.00 share price - 200% of target PSUs that vest. Any PSUs which have not become earned by August 16, 2028 will be forfeited. |