Frank Martell - Jul 19, 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
Stock symbol
LDI
Transactions as of
Jul 19, 2024
Transactions value $
-$405,170
Form type
4
Date filed
7/23/2024, 05:07 PM
Previous filing
Jul 5, 2024
Next filing
Sep 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LDI Class A Common Stock Options Exercise $0 +416K +337.64% $0.00 540K Jul 19, 2024 Direct
transaction LDI Class A Common Stock Tax liability -$405K -211K -39.1% $1.92 329K Jul 19, 2024 Direct
holding LDI Class A Common Stock 387K Jul 19, 2024 The Frank D. and Donna M. Martell Family Trust F1
holding LDI Class A Common Stock 418K Jul 19, 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 -416K -33.33% $0.00 833K Jul 19, 2024 Class A Common Stock 416K 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.