Anthony Li Hsieh - Sep 18, 2024 Form 4 Insider Report for loanDepot, Inc. (LDI)

Role: Director, 10%+ Owner
Signature: /s/ Greg Smith, as Attorney-in-Fact for Anthony Li Hsieh
Stock symbol: LDI
Transactions as of: Sep 18, 2024
Transactions value $: $0
Form type: 4
Date filed: 9/20/2024, 04:32 PM
Previous filing: Sep 16, 2024
Next filing: Oct 16, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LDI	Class C Common Stock	Other	$0	-1.5M	-32.51%	$0.00	3.11M	Sep 18, 2024	By JLSSAA Trust	F1, F2, F3
transaction	LDI	Class A Common Stock	Conversion of derivative security	$0	+1.5M	+80.4%	$0.00	3.37M	Sep 18, 2024	By JLSSAA Trust	F2, F3
holding	LDI	Class A Common Stock						105K	Sep 18, 2024	Direct
holding	LDI	Class C Common Stock						48.9M	Sep 18, 2024	By Trilogy Mortgage Holdings, Inc.	F1, F4
holding	LDI	Class C Common Stock						4.31M	Sep 18, 2024	By JLSA, LLC	F1, F4
holding	LDI	Class C Common Stock						66.4M	Sep 18, 2024	By Trilogy Management Investors Six, LLC	F1, F4

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	Common Units	Conversion of derivative security	$0	-1.5M	-32.51%	$0.00	3.11M	Sep 18, 2024	Class A Common Stock	1.5M		By JLSSAA Trust	F1, F2, F3
holding	LDI	Common Units						66.4M	Sep 18, 2024	Class A Common Stock	66.4M		By Trilogy Management Investors Six, LLC	F1, F4
holding	LDI	Common Units						48.9M	Sep 18, 2024	Class A Common Stock	48.9M		Trilogy Mortgage Holdings, Inc.	F1, F4
holding	LDI	Common Units						4.31M	Sep 18, 2024	Class A Common Stock	4.31M		By JLSA, LLC	F1, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	In the reorganization transactions related to Issuer's IPO, shares of Issuer's Class C Common Stock, par value $0.001 ("Class C Common Stock"), were issued to certain holders of LD Holdings Group LLC ("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, par value $0.001 ("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.
F2	The reporting person elected to cause JLSSAA Trust to exchange a portion of the Common Units held for their benefit by such entity for an equal number of shares of Class A Common Stock. The shares of Class C Common Stock corresponding to the Common Units that were exchanged for Class A Common Stock were cancelled for no consideration.
F3	As trustee, Anthony Hsieh has voting and investment power over the assets of The JLSSAA Trust ("JLSSAA Trust").
F4	The reporting person has voting and investment power over the shares of Class C Common Stock held by Trilogy Mortgage Holdings, Inc., JLSA, LLC and Trilogy Management Investors Six, LLC.