Pcp Managers Gp, Llc - May 6, 2021 Form 4 Insider Report for loanDepot, Inc. (LDI)

Role
10%+ Owner
Signature
/s/ Peter Macdonald, as Attorney-in-Fact for Joseph Taveira, Chief Financial Officer
Stock symbol
LDI
Transactions as of
May 6, 2021
Transactions value $
$0
Form type
4
Date filed
5/10/2021, 05:36 PM
Previous filing
Nov 23, 2021
Next filing
Jun 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LDI Class A common stock, par value $0.001 per share Options Exercise +4.46K 4.46K May 6, 2021 PCP Managers, L.P. F1, F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LDI Restricted Stock Units Award $0 +17.9K $0.00 17.9K May 6, 2021 Class A Common Stock, par value $0.001 per share 17.9K PCP Managers, L.P. F1, F2, F3, F4
transaction LDI Restricted Stock Units Options Exercise $0 -4.46K -25% $0.00 13.4K May 7, 2021 Class A Common Stock, par value $0.001 per share 4.46K PCP Managers, L.P. F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive, at settlement, one share of Class A common stock, par value $0.001 per share ("Class A Common Stock") or, at the option of the Compensation Committee, the cash value of one share of Class A Common Stock
F2 PCP Managers GP, LLC is the general partner of PCP Managers, L.P, an affiliate of Parthenon Capital Partners ("Parthenon Capital"). Andrew C. Dodson and Brian P. Golson serve as directors of loanDepot, Inc.'s (the "Issuer"). Mr. Golson is the Co-CEO and Managing Partner at Parthenon Capital and Mr. Dodson is a Managing Partner at Parthenon Capital. PCP Managers GP, LLC and certain of the Reporting Persons' affiliates may be deemed to be a director by deputization of the Issuer.
F3 Each of the Reporting Persons expressly disclaims beneficial ownership of the equity securities reported herein, except to the extent of their respective pecuniary interests therein, and the filing of this Form 4 shall not be construed as an admission that any such Reporting Person is the beneficial owner of any equity securities covered by this Form 4.
F4 The RSUs settle in shares of Class A Common Stock of the Issuer in three installments of 4,464 each on May 6, 2021, June 30, 2021, and September 30, 2021 and 4,466 on December 31, 2021.