0001831631-21-000055.txt : 20210603
0001831631-21-000055.hdr.sgml : 20210603
20210603183537
ACCESSION NUMBER: 0001831631-21-000055
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210601
FILED AS OF DATE: 20210603
DATE AS OF CHANGE: 20210603
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Carrillo Nicole
CENTRAL INDEX KEY: 0001843143
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40003
FILM NUMBER: 21994086
MAIL ADDRESS:
STREET 1: C/O LOANDEPOT, INC.
STREET 2: 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]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 26642 TOWNE CENTRE DRIVE
CITY: FOOTHILL RANCH
STATE: CA
ZIP: 92610
BUSINESS PHONE: 888-337-6888
MAIL ADDRESS:
STREET 1: 26642 TOWNE CENTRE DRIVE
CITY: FOOTHILL RANCH
STATE: CA
ZIP: 92610
4
1
wf-form4_162275969823986.xml
FORM 4
X0306
4
2021-06-01
0
0001831631
loanDepot, Inc.
LDI
0001843143
Carrillo Nicole
C/O LOANDEPOT,
25500 COMMERCENTRE DRIVE
LAKE FOREST
CA
92630
0
1
0
0
EVP & Chief Accounting OFficer
Class A Common Stock, par value $0.001 per share
2021-06-01
4
C
0
11867
0
A
30555
D
Common Units
2021-06-01
4
C
0
11867
0
D
Class A Common Stock
11867.0
476224
I
Trilogy Management Investors Six, LLC
The Reporting Person has, and at all times since the Issuer's initial public offering has held, an indirect pecuniary interest in a portion of the securities of the Issuer and LD Holdings Group LLC ("LD Holdings") directly held by Trilogy Management Investors Six, LLC ("Trilogy Six") as reported on Anthony Hsieh's Form 4 filed on February 16, 2021. All of the securities of the Issuer held by Trilogy Six are directly reported by Trilogy Six and were not previously reported by the persons holding an indirect interest in the securities. The Reporting Person disclaims beneficial ownership of the securities held by Trilogy Six except to the extent of her pecuniary interest therein.
In the reorganization transactions related to Issuer's IPO, shares of Issuer's Class C Common Stock, par value $0.001, were issued to certain holders of 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 Trilogy Six to exchange a portion of the Common Units beneficially owned by the Reporting Person for an equal number of shares of Class A Common Stock, and to cause Trilogy Six to transfer such shares of Class A Common Stock to her directly. The shares of Class C Common Stock corresponding to the Common Units that were exchanged were cancelled for no consideration. The cancellation of the shares of Class C Common Stock is reported by Trilogy Six on Anthony Hsieh's Form 4 filed on June 3, 2021.
The amount of Common Units reported is net of 4,307 Common Units for which the Reporting Person received a cash distribution pursuant to a redemption on February 19, 2021, which redemption was timely reported on Anthony Hsieh's Form 4 filed on February 22, 2021 as a cancellation of the corresponding shares of Class C Common Stock.
/s/ Peter Macdonald, as Attorney-in-Fact for Nicole Carrillo
2021-06-03