Filing Details

Accession Number:
0001831631-23-000061
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-03-02 21:15:06
Reporting Period:
2023-02-28
Accepted Time:
2023-03-02 21:15:06
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1831631 Loandepot Inc. LDI Finance Services (6199) 853948939
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1926901 Hoon John Lee C/O Loandepot, Inc.
6561 Irvine Center Drive
Irvine CA 92618
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2023-02-28 21,552 $0.00 705,660 No 4 M Indirect Bluestar Family Holdings, LP
Class A Common Stock Disposition 2023-03-01 200,000 $1.91 505,660 No 4 S Indirect Bluestar Family Holdings, LP
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Indirect Bluestar Family Holdings, LP
No 4 S Indirect Bluestar Family Holdings, LP
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Restricted Stock Units Disposition 2023-02-28 21,552 $0.00 21,552 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
Footnotes
  1. 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.
  2. The Reporting Person, as manager of its general partner, has voting and investment power over the assets of Bluestar Family Holdings, LP.
  3. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 15, 2022.
  4. 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.