Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | LDI | Restricted Stock Units | Jul 7, 2023 | Class A Common Stock | 74.4K | $0.00 | Direct | F1, F2 | ||||||
holding | LDI | Common Units | Jul 7, 2023 | Class A Common Stock | 238K | $0.00 | Trilogy Management Investors Six, LLC | F3, F4 |
Id | Content |
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F1 | Each restricted stock unit ("RSU") represents a contingent right to receive, at settlement, on share of Class A Common Stock. |
F2 | The RSUs are scheduled to vest as follows: 25% on each of the first, second, third and fourth anniversaries of December 14, 2022. |
F3 | The Reporting Person has an indirect pecuniary interest in a portion of the securities of the Issuer and LD Holdings Group LLC ("LD Holdings") directly held by Trilogy Management Investors Six, LLC ("Trilogy Six"). The Reporting Person disclaims beneficial ownership of the securities held by Trilogy Six except to the extent of his pecuniary interest therein. |
F4 | In the reorganization transactions related to Issuer's initial public offering, shares of Issuer's Class C Common Stock, par value $0.001, were issued to certain holders of LD Holdings class a common units ("Common Units") equal to the number of Common Units held by such holders. Pursuant to the Fourth Amended and Restated Limited Liability Company Agreement of LD Holdings, holders of Common Units may, subject to certain exceptions, from time to time require LD Holdings to redeem all or a portion of their Common Units (together with an equal number of shares of Class C Common Stock) in exchange for, at the Issuer's election (determined solely by a majority of the Issuer's directors who are disinterested), newly issued shares of Class A Common Stock of the Issuer on a one-for-one basis or a cash payment equal to an average market price of one share of Class A Common Stock for each Common Unit so redeemed. |
Exhibit 24.1 - Power of Attorney