Jeff Alexander Walsh - Jul 28, 2023 Form 4 Insider Report for loanDepot, Inc. (LDI)

Signature
/s/ Amanda Darby, as Attorney-in-Fact for Jeff Walsh
Stock symbol
LDI
Transactions as of
Jul 28, 2023
Transactions value $
-$22,304
Form type
4
Date filed
8/1/2023, 06:07 PM
Previous filing
Jul 10, 2023
Next filing
Sep 13, 2023

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 +18.4K +0.44% 4.25M Jul 28, 2023 Direct F1
transaction LDI Class A Common Stock, par value $0.001 per share Tax liability -$22.3K -9.14K -0.21% $2.44 4.24M Jul 28, 2023 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 -18.4K -33.33% $0.00 36.9K Jul 28, 2023 Class A Common Stock 18.4K 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, 2023 were settled on August 1, 2023.
F3 The RSUs are scheduled to vest as follows, 18,437 on each of 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.