Trilogy Management Investors Seven Form 4 loanDepot / Anthony Li Hsieh ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Hsieh Anthony Li

(Last) (First) (Middle)

26642 TOWNE CENTRE DRIVE

(Street)

FOOTHILL RANCH CA 92610

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
loanDepot, Inc. [ LDI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/18/2021

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock, par value $0.001 per share	02/18/2021		A		1,059,500(1)	A	(2)	1,059,500	D
Class C Common Stock, par value $0.001 per share	02/19/2021		J		127,194	D	(4)	8,114,521	I(3)	By JLSSAA Trust
Class C Common Stock, par value $0.001 per share	02/19/2021		J		67,567	D	(4)	4,310,497	I(3)	By JLSA, LLC
Class C Common Stock, par value $0.001 per share	02/19/2021		J		767,218	D	(4)	48,945,633	I(3)	By Trilogy Mortgage Holdings, Inc.
Class C Common Stock, par value $0.001 per share	02/19/2021		J		1,659,803	D	(4)	112,558,817	I(3)	By Trilogy Management Investors Six, LLC
Class C Common Stock, par value $0.001 per share	02/19/2021		J		39,550	D	(4)	18,885,116	I(3)	By Trilogy Management Investors Seven, LLC
Class C Common Stock, par value $0.001 per share	02/19/2021		J		38,649	D	(4)	2,465,640	I(3)	By Trilogy Management Investors Eight, LLC

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

Hsieh Anthony Li

(Last) (First) (Middle)

26642 TOWNE CENTRE DRIVE

(Street)

FOOTHILL RANCH CA 92610

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

JLSA, LLC

(Last) (First) (Middle)

26642 TOWNE CENTRE DRIVE

(Street)

FOOTHILL RANCH CA 92610

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

JLSSAA Trust

(Last) (First) (Middle)

26642 TOWNE CENTRE DRIVE

(Street)

FOOTHILL RANCH CA 92610

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Trilogy Mortgage Holdings, Inc.

(Last) (First) (Middle)

26642 TOWNE CENTRE DRIVE

(Street)

FOOTHILL RANCH CA 92610

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Trilogy Management Investors Six, LLC

(Last) (First) (Middle)

26642 TOWNE CENTRE DRIVE

(Street)

FOOTHILL RANCH CA 92610

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Trilogy Management Investors Seven, LLC

(Last) (First) (Middle)

26642 TOWNE CENTRE DRIVE

(Street)

FOOTHILL RANCH CA 92610

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Trilogy Management Investors Eight, LLC

(Last) (First) (Middle)

26642 TOWNE CENTRE DRIVE

(Street)

FOOTHILL RANCH CA 92610

(City) (State) (Zip)

Explanation of Responses:

1. Class A Common Stock to be acquired pursuant to restricted stock units which were granted and vested on February 18, 2021. Vested shares will be delivered to the reporting person within 30 days after the six month anniversary of vesting, subject to later delivery in the event of certain trading blackout periods.

2. Each restricted stock unit represents a contingent right to receive, at settlement, one share of Class A Common Stock or, at the option of the Compensation Committee, the cash value of one share of Class A Common Stock.

3. Anthony Hsieh has voting and investment power over the shares of Class C Common Stock of loanDepot, Inc. (the "Issuer") owned by each of JLSA, LLC, The JLSSAA Family Trust, Trilogy Mortgage Holdings, Inc., Trilogy Mortgage Investors Six, LLC, Trilogy Management Investors Seven, LLC and Trilogy Management Investors Eight, LLC (collectively, the "Other Reporting Persons").

4. As described in the Issuer's registration statement on Form S-1 (File No. 333-252024) under the heading "Use of Proceeds," the Issuer used the proceeds from its initial public offering ("IPO") and cash on hand to repurchase from continuing members of LD Holdings Group, LLC ("Holdings") certain Class A Common Units of Holdings, together with a corresponding number of shares of Class C Common Stock of the Issuer, at a price per share equal to the Issuer's IPO price of $14.00 per share.

Remarks:

Exhibit 99.1 Signatures

	/s/ Peter Macdonald, as Attorney-in-Fact for Anthony Li Hsieh	02/22/2021
	See Signatures Included in Exhibit 99.1	02/22/2021
	** Signature of Reporting Person	Date
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