John Hoon Lee - Feb 28, 2023 Form 4 Insider Report for loanDepot, Inc. (LDI)

Role
Director
Signature
/s/ Denise Apicella, as Attorney-in-Fact for John Hoon Lee
Stock symbol
LDI
Transactions as of
Feb 28, 2023
Transactions value $
-$381,980
Form type
4
Date filed
3/2/2023, 08:15 PM
Previous filing
Mar 4, 2024
Next filing
Mar 4, 2024

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 +3.15% 706K Feb 28, 2023 Bluestar Family Holdings, LP F1, F2
transaction LDI Class A Common Stock Sale -$382K -200K -28.34% $1.91 506K Mar 1, 2023 Bluestar Family Holdings, LP F2, F3, F4

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 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 The Reporting Person, as manager of its general partner, has voting and investment power over the assets of Bluestar Family Holdings, LP.
F3 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 15, 2022.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.83 to $2.07. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, specific trade amounts and pricing within the range set forth in this footnote at which the transaction was effected.