Lee John Hoon's Form 4/A amendment
AmendedloanDepot, Inc. (LDI) · filed Mar 1, 2024
- Accession no.
- 0001831631-24-000035
- Filed
- Mar 1, 2024
- Trade date
- Nov 30, 2022
- Filing delay
- 457 days
- Rule 10b5-1 plan
- Not checked
- Original filed
- Dec 2, 2022
This filing lists 1 non-derivative transaction. It carries over 2 transactions from the original filing that it did not restate. Open-market sales total $310.0K. It was filed 457 days after the trade.
This amendment restates part of 0001831631-22-000343 (filed Dec 2, 2022). The transactions it did not restate still count and are listed below.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Lee John HoonCIK 0001926901 | Director |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 30, 2022 | Class A Common Stock | MOption exerciseAcquired | +21,552 | –F1 | – | 21,552 | Direct |
Carried over from the original filing
This amendment restates only part of the original filing. The original's other transactions still stand, and the trade tables on Livermore count them under this amendment.
From 0001831631-22-000343 (filed Dec 2, 2022).
Non-derivative securities (Table I)
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 1, 2022 | Class A Common Stock | SSaleDisposed | −200,000 | $1.55F3 | −$310,000 | 1,084,108 | Indirect |
Derivative securities (Table II)
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 30, 2022 | Class A Common Stock | MOption exerciseDisposed | −21,552 | $0.00 | $0 | 21,552 | Direct |
Footnotes on the original
The footnotes that the prices of these transactions refer to on the original filing.
- F3
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.51 to $1.64. 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.
Referenced by the price of 1 transaction in Table I.
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
As per the Restricted Stock Unit Award Agreement dated June 21, 2022 ("Agreement"), Restricted Stock Units ("RSUs") settle in shares of Class A common stock in 4 installments of 28,257 on June 30, 2022, 21,552 on August 31, 2022, 21,552 on November 30, 2022 and a final installment of 21,552 on February 28, 2023. Within 30 days following vesting of RSUs, Issuer shall deliver the number of shares of Class A Common Stock that correspond to the number of RSUs that vested on the vesting date or, at the discretion of the Compensation Committee, its cash equivalent.
Referenced by the price of 1 transaction in Table I.
- F2
The original Form 4, filed on December 2, 2022, is being amended to correctly report that shares delivered upon settlement of the RSUs were directly owned by the Reporting Person, to update the amount of securities beneficially owned following reported transactions accordingly and to include a power of attorney as Exhibit 24.1. The rest of the original Form 4 remains unchanged.
Remarks
Exhibit 24.1, Power of Attorney