Pamela H. Patenaude - Feb 28, 2023 Form 4 Insider Report for loanDepot, Inc. (LDI)

Role
Director
Signature
Denise Apicella, attorney-in-fact for Ms. Patenaude
Stock symbol
LDI
Transactions as of
Feb 28, 2023
Transactions value $
$0
Form type
4
Date filed
3/2/2023, 04:27 PM
Previous filing
Dec 23, 2022
Next filing
May 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LDI Class A Common Stock Options Exercise +21.6K +20.78% 125K Feb 28, 2023 Direct 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 -21.6K -100% $0.00* 0 Feb 28, 2023 Class A Common Stock 21.6K 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 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.