Pamela H. Patenaude - Jul 1, 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: Jul 1, 2022
Transactions value $: $0
Form type: 4
Date filed: 7/6/2022, 04:15 PM
Previous filing: Jun 23, 2022
Next filing: Sep 2, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LDI	Class A Common Stock	Options Exercise		+46K	+313.96%		60.6K	Jul 1, 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	-46K	-41.55%	$0.00	64.7K	Jul 1, 2022	Class A Common Stock	46K		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 August 6, 2021 ("2021 Agreement"), restricted stock units ("RSUs") vested in a first installment of 2,862 on September 30, 21 and then 3 installments of 2,863 each on December 31, 21, March 31, 2022, and June 8, 2022 and as per the Restricted Stock Unit Award Agreement dated June 21, 2022 ("2022 Agreement"), RSUs settle in shares of Class A common stock in 4 installments of 43,104 on June 30, 2022, 21,551 on August 31, 2022, 21,552 on November 30, 2022 and a final installment of 21,552 on February 28, 2023. Within 30 days following vesting of RSUs, 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 2021 Agreement and 2022 Agreement, RSUs that vested on June 8, 2022 and June 30, 2022, respectively, were settled on July 1, 2022.

Content

As per the Restricted Stock Unit Award Agreement dated August 6, 2021 ("2021 Agreement"), restricted stock units ("RSUs") vested in a first installment of 2,862 on September 30, 21 and then 3 installments of 2,863 each on December 31, 21, March 31, 2022, and June 8, 2022 and as per the Restricted Stock Unit Award Agreement dated June 21, 2022 ("2022 Agreement"), RSUs settle in shares of Class A common stock in 4 installments of 43,104 on June 30, 2022, 21,551 on August 31, 2022, 21,552 on November 30, 2022 and a final installment of 21,552 on February 28, 2023. Within 30 days following vesting of RSUs, 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 2021 Agreement and 2022 Agreement, RSUs that vested on June 8, 2022 and June 30, 2022, respectively, were settled on July 1, 2022.