Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LDI | Class A Common Stock | Sale | -$872K | -337K | -8.45% | $2.58 | 3.66M | Aug 30, 2024 | By JLSSAA Trust | F1, F2 |
transaction | LDI | Class A Common Stock | Options Exercise | $0 | +15.1K | +16.85% | $0.00 | 105K | Sep 3, 2024 | Direct |
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 | -15.1K | -25% | $0.00 | 45.3K | Sep 3, 2024 | Class A Common Stock | 15.1K | Direct | F3, F4, F5 |
Id | Content |
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F1 | The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.50 to $2.6975. 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 affected. |
F2 | As trustee, Anthony Hsieh has voting and investment power over the assets of The JLSSAA Trust ("JLSSAA Trust"). |
F3 | Each restricted stock unit ("RSU") represents a contingent right to receive, at settlement, one share of Class A Common Stock or, at the option of the Compensation Committee, the cash value of one share of Class A Common Stock |
F4 | RSUs that vested on August 31, 2024, were settled on September 3, 2024. |
F5 | The remaining RSUs are scheduled to vest ratably on November 30, 2024, February 28, 2025 and May 31, 2025. |