Filing Details
- Accession Number:
- 0001831631-24-000131
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-06-03 19:37:27
- Reporting Period:
- 2024-05-30
- Accepted Time:
- 2024-06-03 19:37:27
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1831631 | Loandepot Inc. | LDI | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1387655 | Frank Martell | C/O Loandepot, Inc. 6561 Irvine Center Dr. Irvine CA 92618 | Ceo And President | Yes | Yes | 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 | 2024-05-30 | 50,000 | $1.80 | 361,846 | No | 4 | P | Indirect | The Frank D. and Donna M. Martell Family Trust |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | The Frank D. and Donna M. Martell Family Trust |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Class A Common Stock | 417,952 | Indirect | 2024 GRAT |
Class A Common Stock | 123,322 | Direct |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.785 to $1.82. The reporting persons undertake 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.
- On or about June 10, 2022, the reporting person transferred 283, 402 shares of the issuer's common stock from the Frank D. and Donna M. Martell Family Trust to a 2022 grantor retained annuity trust ("2022 GRAT"). As trustee, Mr. Martell had voting and investment power over the assets of the 2022 GRAT, and he was the sole annuitant.
- As trustee, Mr. Martell has voting and investment power over the assets of the Frank D. and Donna M. Martell Family Trust, established on 8/17/20.
- On or about June 10, 2022, the reporting person contributed 283,402 shares of the issuer's common stock to the 2022 GRAT. On or about March 5, 2024, the reporting person contributed 134,550 shares of the issuer's common stock to the 2022 GRAT. On or about April 2, 2024, the reporting person transferred 417,952 shares of the issuer's common stock held in the 2022 GRAT to a 2024 grantor retained annuity trust.
- As trustee, Mr. Martell has voting and investment power over the assets of the 2024 grantor retained annuity trust, and he is the sole annuitant.
- On or about March 5, 2024, 134,550 shares of the issuer's common stock were transferred to the reporting person's 2022 GRAT.