| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LDI | Class A Common Stock | Sale | -$495K | -242K | -7.14% | $2.04 | 3.15M | Oct 14, 2024 | By JLSSAA Trust | F1, F2, F3, F4 |
| transaction | LDI | Class A Common Stock | Sale | -$429K | -208K | -6.59% | $2.07 | 2.95M | Oct 15, 2024 | By JLSSAA Trust | F1, F4, F5 |
| transaction | LDI | Class A Common Stock | Sale | -$38.7K | -18.8K | -0.64% | $2.06 | 2.93M | Oct 16, 2024 | By JLSSAA Trust | F1, F4, F6 |
| holding | LDI | Class A Common Stock | 73.8K | Oct 14, 2024 | Direct | F3 |
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).
| Id | Content |
|---|---|
| F1 | Effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 30, 2024. |
| F2 | The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.015 to $2.140. 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. |
| F3 | The Reporting Person transferred 30,881 directly held shares to the JLSSAA Trust on August 12, 2024. |
| F4 | As trustee, Anthony Hsieh has voting and investment power over the assets of The JLSSAA Trust ("JLSSAA Trust"). |
| F5 | The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.035 to $2.115. 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. |
| F6 | The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.055 to 2.085. 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. |