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
  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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.
  6. On or about March 5, 2024, 134,550 shares of the issuer's common stock were transferred to the reporting person's 2022 GRAT.