Nicole Carrillo - Aug 1, 2022 Form 4 Insider Report for loanDepot, Inc. (LDI)

Signature
/s/ Peter Macdonald, as Attorney-in-Fact for Nicole Carrillo
Stock symbol
LDI
Transactions as of
Aug 1, 2022
Transactions value $
-$20,867
Form type
4
Date filed
8/3/2022, 04:09 PM
Previous filing
Jul 15, 2022
Next filing
Aug 17, 2022

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 +34.1K +12.45% 308K Aug 1, 2022 Direct F1
transaction LDI Class A Common Stock, par value $0.001 per share Tax liability -$20.9K -11.8K -3.83% $1.77 296K Aug 1, 2022 Direct

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 -34.1K -25% $0.00 102K Aug 1, 2022 Class A Common Stock 34.1K Direct F1, F2, F3
* 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 In accordance with the terms of the Agreement, RSUs that vested on July 28, 2022 were settled on August 1, 2022.
F3 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, 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.