John Hoon Lee - May 1, 2023 Form 4 Insider Report for loanDepot, Inc. (LDI)

Role
Director
Signature
/s/ Denise Apicella, as Attorney-in-Fact for John Hoon Lee
Stock symbol
LDI
Transactions as of
May 1, 2023
Transactions value $
-$334,700
Form type
4
Date filed
5/3/2023, 07:56 PM
Previous filing
Mar 4, 2024
Next filing
Nov 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LDI Class A Common Stock Sale -$335K -200K -65.43% $1.67 106K May 1, 2023 Bluestar Family Holdings, LP F1, F2, 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 August 15, 2022.
F2 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1.59 to $1.84. 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 Reporting Person, as manager of its general partner, has voting and investment power over the assets of Bluestar Family Holdings, LP.