Jeffrey Michael DerGurahian - 01 Aug 2022 Form 4 Insider Report for loanDepot, Inc. (LDI)

Role
Chief Capital Markets Officer
Signature
/s/ Peter Macdonald as Attorney-in-Fact for Jeff DerGurahian
Issuer symbol
LDI
Transactions as of
01 Aug 2022
Transactions value $
-$11,771
Form type
4
Date filed
03 Aug 2022, 16:07
Previous filing
21 Jul 2022
Next filing
11 Aug 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, par value $0.001 per share Options Exercise +16.9K +20.22% 100K 01 Aug 2022 Direct F1
transaction LDI Class A Common Stock, par value $0.001 per share Tax liability -$11.8K -6.65K -6.62% $1.77 93.8K 01 Aug 2022 Direct
holding LDI Class A Common Stock 6.84M 01 Aug 2022 CDG Financial LLC 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 -16.9K -25% $0.00 50.7K 01 Aug 2022 Class A Common Stock 16.9K Direct F1, 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 ("RSU") 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 Reporting Person is the Managing Member of CDG Financial LLC. The Reporting Person disclaims beneficial ownership of the LDI shares held by CDG Financial LLC except to the extent of his pecuniary interest therein.
F3 In accordance with the terms of the Agreement, RSUs that vested on July 28, 2022 were settled on August 1, 2022.
F4 The RSUs are scheduled to vest as follows, 16,900 on each of 7/28/22, 7/28/23 and 7/28/24 and 16,901 on 7/28/25. Within 30 days following each vesting date, 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.