Nicole Carrillo - Apr 5, 2022 Form 4 Insider Report for loanDepot, Inc. (LDI)

Role
EVP & Chief Accounting OFficer
Signature
/s/ Peter Macdonald, as Attorney-in-Fact for Nicole Carrillo
Stock symbol
LDI
Transactions as of
Apr 5, 2022
Transactions value $
$0
Form type
4
Date filed
4/7/2022, 04:19 PM
Previous filing
Feb 18, 2022
Next filing
Jun 29, 2022

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 +136K $0.00 136K Apr 5, 2022 Class A Common Stock 136K Direct F1, F2
transaction LDI Performance Share Units Award $0 +136K $0.00 136K Apr 5, 2022 Class A Common Stock 136K Direct 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 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.
F2 The RSUs are scheduled to vest as follows, 34,091 on each of 7/28/22, 7/28/23, 7/28/24 and 7/28/25. Within 30 days following each vesting date (provided such date does not fall during a Blackout Period), Issuer will deliver the number of shares of Class A Common Stock that correspond to the number of RSUs that vested or, at the discretion of the Compensation Committee, its cash equivalent.
F3 Each performance share unit ("PSU") represents a contingent right to receive one share of Issuer's Class A Common Stock.
F4 The PSUs vest on the 4th anniversary of the grant date in proportion to specified stock price hurdles being achieved by the Issuer's Class A Common stock.