R. David Hayes - Jul 3, 2023 Form 4 Insider Report for loanDepot, Inc. (LDI)

Signature
/s/ David Hayes
Stock symbol
LDI
Transactions as of
Jul 3, 2023
Transactions value $
$0
Form type
4
Date filed
7/6/2023, 07:31 PM
Previous filing
Jul 6, 2023
Next filing
Mar 19, 2024

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 Stock Option Award $0 +250K $0.00 250K Jul 3, 2023 Class A Common Stock 250K $2.12 Direct F1
transaction LDI Restricted Stock Units Award $0 +389K $0.00 389K Jul 3, 2023 Class A Common Stock 389K Direct F2, F3
transaction LDI Performance Share Units Award $0 +389K $0.00 389K Jul 3, 2023 Class A Common Stock 389K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock options are schedule to vest as follows: 50% on each of the first two anniversaries of the date of grant.
F2 Each restricted stock unit ("RSU") represents a contingent right to receive, at settlement, one share of Class A Common Stock.
F3 The RSUs are scheduled to vest as follows: 50% on each of the first two anniversaries of the date of grant.
F4 Each performance share unit ("PSU") represents a contingent right to receive one share of Class A Common Stock.
F5 The PSUs are scheduled to vest as follows if the specified stock price hurdles is achieved by the Class A Common Stock, in proportion to such achievement: the target PSUs at up to 150% on 6/30/24. Any PSUs which have not become earned by 6/30/24 will be forfeited.