Jeff Alexander Walsh - Apr 19, 2023 Form 4 Insider Report for loanDepot, Inc. (LDI)

Role
President, LDI Mortgage
Signature
/s/ Denise Apicella, as Attorney-in-Fact for Jeff Alexander Walsh
Stock symbol
LDI
Transactions as of
Apr 19, 2023
Transactions value $
-$60,507
Form type
4
Date filed
4/21/2023, 04:19 PM
Previous filing
Apr 5, 2023
Next filing
Apr 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LDI Class A Common Stock, par value $0.001 per share Sale -$26.4K -15.4K -0.35% $1.71 4.34M Apr 19, 2023 Direct F1, F2
transaction LDI Class A Common Stock, par value $0.001 per share Sale -$34.2K -20.5K -0.47% $1.67 4.32M Apr 20, 2023 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 8, 2022.
F2 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1.69 to $1.77. 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 effected.
F3 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1.65 to $1.685. 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 effected.