John Hoon Lee - 07 Jul 2022 Form 4 Insider Report for loanDepot, Inc. (LDI)

Role
Director
Signature
John Lee
Issuer symbol
LDI
Transactions as of
07 Jul 2022
Net transactions value
$0
Form type
4
Filing time
07 Jul 2022, 16:00:43 UTC
Previous filing
23 Jun 2022
Next filing
02 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LDI Class A Common Stock Options Exercise +28,257 28,257 07 Jul 2022 Bluestar Family Holdings, LP 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 +28,257 +78% $0.000000 64,656 07 Jul 2022 Class A Common Stock 28,257 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 June 21, 2022 ("Agreement"), Restricted Stock Units ("RSUs") settle in shares of Class A common stock in 4 installments of 28,257 on June 30, 2022, 21,552 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 Agreement, RSUs that vested on June 30, 2022 were settled on July 7, 2022.