John C. Dorman - Nov 3, 2021 Form 4 Insider Report for loanDepot, Inc. (LDI)

Role: Director
Signature: /s/ Peter Macdonald, as Attorney-in-Fact for John C. Dorman
Stock symbol: LDI
Transactions as of: Nov 3, 2021
Transactions value $: $0
Form type: 4
Date filed: 11/5/2021, 01:19 PM
Previous filing: Aug 26, 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	Options Exercise		+2.23K	+50%		6.7K	Nov 3, 2021	Direct	F1, F2

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	-2.23K	-49.99%	$0.00	2.23K	Nov 3, 2021	Class A Common Stock	2.23K		Direct	F1, F2

* 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 5/6/21 ("Agreement"), restricted stock units ("RSUs") vest in 3 installments of 2,232 each on 5/6/21, 6/30/21 and 9/30/21 and a final installment of 2,233 on 12/31/21. Within 30 days following vesting of RSUs (provided such date does not fall during a Blackout Period), 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.
F2	In accordance with the terms of the Agreement, RSUs vested on 9/30/21 were settled on 11/3/21 when the Issuer's trading blackout period ended and trading was permitted to commence.

Content

As per the Restricted Stock Unit Award Agreement dated 5/6/21 ("Agreement"), restricted stock units ("RSUs") vest in 3 installments of 2,232 each on 5/6/21, 6/30/21 and 9/30/21 and a final installment of 2,233 on 12/31/21. Within 30 days following vesting of RSUs (provided such date does not fall during a Blackout Period), 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.

In accordance with the terms of the Agreement, RSUs vested on 9/30/21 were settled on 11/3/21 when the Issuer's trading blackout period ended and trading was permitted to commence.