0001831631-24-000189.txt : 20240725
0001831631-24-000189.hdr.sgml : 20240725
20240725203723
ACCESSION NUMBER: 0001831631-24-000189
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240723
FILED AS OF DATE: 20240725
DATE AS OF CHANGE: 20240725
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hsieh Anthony Li
CENTRAL INDEX KEY: 0001655400
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40003
FILM NUMBER: 241143362
MAIL ADDRESS:
STREET 1: C/O LOANDEPOT, 26642 TOWNE CENTRE DRIVE
CITY: FOOTHILL RANCH
STATE: CA
ZIP: 92610
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: loanDepot, Inc.
CENTRAL INDEX KEY: 0001831631
STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199]
ORGANIZATION NAME: 02 Finance
IRS NUMBER: 853948939
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 6561 IRVINE CENTER DRIVE
CITY: IRVINE
STATE: CA
ZIP: 92618
BUSINESS PHONE: (949) 434-5964
MAIL ADDRESS:
STREET 1: 6561 IRVINE CENTER DRIVE
CITY: IRVINE
STATE: CA
ZIP: 92618
4
1
wk-form4_1721954236.xml
FORM 4
X0508
4
2024-07-23
0
0001831631
loanDepot, Inc.
LDI
0001655400
Hsieh Anthony Li
C/O LOANDEPOT, INC.
6561 IRVINE CENTER DR.
IRVINE
CA
92618
1
0
1
0
0
Class C Common Stock
2024-07-23
4
J
0
1500000
0
D
6614521
I
By JLSSAA Trust
Class A Common Stock
2024-07-23
4
C
0
1500000
0
A
3779646
I
By JLSSAA Trust
Class A Common Stock
89566
D
Class C Common Stock
48945633
I
By Trilogy Mortgage Holdings, Inc.
Class C Common Stock
4310497
I
By JLSA, LLC
Class C Common Stock
66424337
I
By Trilogy Management Investors Six, LLC
Common Units
2024-07-23
4
C
0
1500000
0
D
Class A Common Stock
1500000
6614521
I
By JLSSAA Trust
Common Units
Class A Common Stock
66424337
66424337
I
By Trilogy Management Investors Six, LLC
Common Units
Class A Common Stock
48945633
48945633
I
Trilogy Mortgage Holdings, Inc.
Common Units
Class A Common Stock
4310497
4310497
I
By JLSA, LLC
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.
The reporting person elected to cause The JLSSAA Trust ("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.
As trustee, the reporting person has voting and investment power over the assets of the JLSSAA Trust.
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 ("Trilogy Six").
The reporting person previously reported on his Form 4 filings certain of the Class C Common Stock and Common Units owned by Trilogy Six, Trilogy Management Investors Seven, LLC ("Trilogy Seven") and Trilogy Management Investors Eight, LLC ("Trilogy Eight"). The reporting person does not have a pecuniary interest in Trilogy Seven or Trilogy Eight and is no longer reporting any interests in those entities.
Represents 1,500,000 Common Units held by the JLSSAA Trust that were exchanged for shares of Class A Common Stock and the cancellation of the corresponding shares of Class C Common Stock on a one-for-one basis as described in footnotes 1 and 2.
/s/ Denise Apicella, as Attorney-in-Fact for Anthony Li Hsieh
2024-07-25