Frank Martell - May 30, 2024 Form 4 Insider Report for loanDepot, Inc. (LDI)

Signature
/s/ Gregory Smallwood, as Attorney-in-Fact for Frank Martell
Stock symbol
LDI
Transactions as of
May 30, 2024
Transactions value $
$90,000
Form type
4
Date filed
6/3/2024, 07:37 PM
Previous filing
May 30, 2024
Next filing
Jun 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LDI Class A Common Stock Purchase $90K +50K +16.03% $1.80 362K May 30, 2024 The Frank D. and Donna M. Martell Family Trust F1, F2, F3
holding LDI Class A Common Stock 418K May 30, 2024 2024 GRAT F4, F5
holding LDI Class A Common Stock 123K May 30, 2024 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.785 to $1.82. The reporting persons undertake 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 range set forth in this footnote at which the transaction was effected.
F2 On or about June 10, 2022, the reporting person transferred 283, 402 shares of the issuer's common stock from the Frank D. and Donna M. Martell Family Trust to a 2022 grantor retained annuity trust ("2022 GRAT"). As trustee, Mr. Martell had voting and investment power over the assets of the 2022 GRAT, and he was the sole annuitant.
F3 As trustee, Mr. Martell has voting and investment power over the assets of the Frank D. and Donna M. Martell Family Trust, established on 8/17/20.
F4 On or about June 10, 2022, the reporting person contributed 283,402 shares of the issuer's common stock to the 2022 GRAT. On or about March 5, 2024, the reporting person contributed 134,550 shares of the issuer's common stock to the 2022 GRAT. On or about April 2, 2024, the reporting person transferred 417,952 shares of the issuer's common stock held in the 2022 GRAT to a 2024 grantor retained annuity trust.
F5 As trustee, Mr. Martell has voting and investment power over the assets of the 2024 grantor retained annuity trust, and he is the sole annuitant.
F6 On or about March 5, 2024, 134,550 shares of the issuer's common stock were transferred to the reporting person's 2022 GRAT.