John Hoon Lee - 31 Aug 2022 Form 4 Insider Report for loanDepot, Inc. (LDI)

Role
Director
Signature
John Lee
Issuer symbol
LDI
Transactions as of
31 Aug 2022
Net transactions value
$0
Form type
4
Filing time
02 Sep 2022, 16:22:27 UTC
Previous filing
07 Jul 2022
Next filing
06 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 +21,552 +76% 49,809 31 Aug 2022 Bluestar Family Holdings, LP F1

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 +21,552 +100% $0.000000 43,104 31 Aug 2022 Class A Common Stock 21,552 Direct F1
* 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.