4//SEC Filing
Hsieh Anthony Li 4
Accession 0001831631-25-000216
CIK 0001831631other
Filed
Oct 21, 8:00 PM ET
Accepted
Oct 22, 4:32 PM ET
Size
17.9 KB
Accession
0001831631-25-000216
Insider Transaction Report
Form 4
Hsieh Anthony Li
DirectorExecutive Chair, CEO & Pres.10% Owner
Transactions
- Other
Class C Common Stock
2025-10-20−2,000,000→ 28,545,633 total(indirect: By Trilogy Mortgage Holdings, Inc.) - Conversion
Common Units
2025-10-20−2,000,000→ 28,545,633 total(indirect: Trilogy Mortgage Holdings, Inc.)→ Class A Common Stock (2,000,000 underlying) - Conversion
Class A Common Stock
2025-10-20+2,000,000→ 2,000,000 total(indirect: By Trust)
Holdings
- 4,310,497(indirect: By LLC)
Class C Common Stock
- 4,310,497(indirect: By LLC)
Common Units
→ Class A Common Stock (4,310,497 underlying) - 143,677
Class A Common Stock
- 3,114,521(indirect: By Trust)
Class C Common Stock
- 66,404,880(indirect: By LLC)
Class C Common Stock
- 3,114,521(indirect: By Trust)
Common Units
→ Class A Common Stock (3,114,521 underlying) - 66,404,880(indirect: By LLC)
Common Units
→ Class A Common Stock (66,404,880 underlying)
Footnotes (5)
- [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 transaction date is the date the Reporting Person elected to make the exchange described in footnotes 1 and 3, which exchange will occur effective as of November 1, 2025.
- [F3]The reporting person elected to cause Trilogy Mortgage Holdings, Inc. to exchange a portion of the Common Units held for the reporting person's 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.
- [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.
- [F5]As trustee, Anthony Hsieh has voting and investment power over the assets of The JLSSAA Trust ("JLSSAA Trust").
Documents
Issuer
loanDepot, Inc.
CIK 0001831631
Entity typeother
Related Parties
1- filerCIK 0001655400
Filing Metadata
- Form type
- 4
- Filed
- Oct 21, 8:00 PM ET
- Accepted
- Oct 22, 4:32 PM ET
- Size
- 17.9 KB