Pamela H. Patenaude - May 13, 2022 Form 4 Insider Report for loanDepot, Inc. (LDI)

Role: Director
Signature: Peter Macdonald, attorney-in-fact for Ms. Patenaude
Stock symbol: LDI
Transactions as of: May 13, 2022
Transactions value $: $0
Form type: 4
Date filed: 5/17/2022, 04:25 PM
Previous filing: Feb 7, 2022
Next filing: May 20, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LDI	Class A Common Stock	Options Exercise		+2.86K	+24.31%		14.6K	May 13, 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	-2.86K	-50%	$0.00	2.86K	May 13, 2022	Class A Common Stock	2.86K		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 8/6/21 ("Agreement"), restricted stock units ("RSUs") vest in a first installment of 2,862 on 9/30/21 and then 3 installments of 2,863 each on 12/31/21, 3/31/22, and 6/8/22. 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 3/31/22 were settled on 5/13/22 after the Issuer's trading blackout period ended and trading was permitted to commence.

Content

As per the Restricted Stock Unit Award Agreement dated 8/6/21 ("Agreement"), restricted stock units ("RSUs") vest in a first installment of 2,862 on 9/30/21 and then 3 installments of 2,863 each on 12/31/21, 3/31/22, and 6/8/22. 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 3/31/22 were settled on 5/13/22 after the Issuer's trading blackout period ended and trading was permitted to commence.