Filing Details

Accession Number:
0001831631-24-000283
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-11-08 19:37:06
Reporting Period:
2024-11-06
Accepted Time:
2024-11-08 19:37:06
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
1842775 Alexander Jeff Walsh C/O Loandepot, Inc.
6561 Irvine Center Dr.
Irvine CA 92618
President, Ldi Mortgage No 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 Disposition 2024-11-06 66,666 $2.53 3,938,792 No 4 S Direct
Class A Common Stock Acquisiton 2024-11-06 70,921 $0.00 4,009,713 No 4 A Direct
Class A Common Stock Disposition 2024-11-06 35,943 $2.57 3,973,770 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 A Direct
No 4 F Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Performance Share Units Acquisiton 2024-11-06 141,844 $0.00 141,844 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
141,844 No 4 A Direct
Footnotes
  1. Effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 21, 2024.
  2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.50 to $2.565. 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 ranges set forth in this footnote of this Form 4 at which the respective transactions were affected.
  3. Each performance stock unit ("PSU") granted on April 15, 2024, represented a contingent right to receive one share of Class A Common Stock upon LDI achieving one fiscal quarter of positive adjusted net income. The remaining PSUs are scheduled to vest ratably on April 15, 2026, and April 15, 2027.