Pcp Managers Gp, Llc - Nov 3, 2021 Form 4 Insider Report for loanDepot, Inc. (LDI)

Role: Director, 10%+ Owner
Signature: /s/ Peter Macdonald, as Attorney-in-Fact for Andrew Dodson
Stock symbol: LDI
Transactions as of: Nov 3, 2021
Transactions value $: $0
Form type: 4
Date filed: 11/5/2021, 01:13 PM
Previous filing: Sep 8, 2021
Next filing: Feb 7, 2022

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	+50%		13.4K	Nov 3, 2021	PCP Managers, L.P.	F1, F2, F3, F4

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	Options Exercise	$0	-4.46K	-49.99%	$0.00	4.47K	Nov 3, 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	As per the Restricted Stock Unit Award Agreement dated May 6, 2021, RSUs vest in three equal installments on May 6, 2021, June 30, 2021, September 30, 2021, and December 31, 2021. Within thirty (30) days following the vesting of the RSUs, the Issuer shall deliver the number of shares of Class A Common Stock, par value $0.001 per share, that correspond to the number of RSUs that have become vested on the vesting date or, at the discretion of the Compensation Committee, its cash equivalent.
F2	RSUs vested on 9/30/21 and settled on 11/3/21 when the Issuer's trading blackout period ended and trading was permitted to commence.
F3	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. (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.
F4	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.