Frank Martell - 19 Jul 2024 Form 4 Insider Report for loanDepot, Inc. (LDI)

Role
CEO and President, Director
Signature
/s/ Gregory Smallwood, as Attorney-in-Fact for Frank Martell
Issuer symbol
LDI
Transactions as of
19 Jul 2024
Transactions value $
$-405,170
Form type
4
Filing time
23 Jul 2024, 17:07:30 UTC
Previous filing
05 Jul 2024
Next filing
03 Sep 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LDI Class A Common Stock Options Exercise $0 +416,387 +338% $0.000000 539,709 19 Jul 2024 Direct
transaction LDI Class A Common Stock Tax liability $-405,170 -211,026 -39.1% $1.92 328,683 19 Jul 2024 Direct
holding LDI Class A Common Stock 386,846 19 Jul 2024 The Frank D. and Donna M. Martell Family Trust F1
holding LDI Class A Common Stock 417,952 19 Jul 2024 2024 GRAT F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LDI Restricted Stock Units Options Exercise $0 -416,387 -33.3% $0.000000 832,775 19 Jul 2024 Class A Common Stock 416,387 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As trustee, Mr. Martell has voting and investment power over the assets of the Frank D. and Donna M. Martell Family Trust, Est. 8/17/20
F2 As trustee, Mr. Martell has voting and investment power over the assets of the 2024 grantor retained annuity trust ("2024 GRAT"), and he is the sole annuitant.
F3 Each restricted stock unit ("RSU") represents a contingent right to receive, at settlement, one share of Class A Common Stock.
F4 The remaining RSUs are scheduled to vest ratably on July 19, 2025, and July 19, 2026.