Dan Binowitz - May 4, 2023 Form 4 Insider Report for loanDepot, Inc. (LDI)

Role
Managing Director
Signature
/s/ Amanda Darby, as Attorney-in-Fact for Dan Binowitz
Stock symbol
LDI
Transactions as of
May 4, 2023
Transactions value $
-$32,179
Form type
4
Date filed
5/8/2023, 05:24 PM
Previous filing
May 4, 2023
Next filing
May 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LDI Class A Common Stock Sale -$15.5K -10K -1.69% $1.55 583K May 4, 2023 Direct F1, F2
transaction LDI Class A Common Stock Sale -$16.7K -10K -1.71% $1.67 573K May 5, 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 12, 2022.
F2 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.535 to $1.57. 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.
F3 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1.56 to $1.72. 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.