Dawn G. Lepore - Feb 3, 2022 Form 4 Insider Report for loanDepot, Inc. (LDI)

Role
Director
Signature
/s/ Peter Macdonald, as Attorney-in-Fact for Dawn Lepore
Stock symbol
LDI
Transactions as of
Feb 3, 2022
Transactions value $
$0
Form type
4
Date filed
2/7/2022, 08:10 AM
Previous filing
Dec 6, 2021
Next filing
Jun 23, 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 +33.35% 8.93K Feb 3, 2022 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 -100% $0.00* 0 Feb 3, 2022 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 that vested on 12/31/2021 were settled on 2/3/2022 when the Issuer's trading blackout period ended and trading was permitted to commence.