Jeffrey Michael DerGurahian - 30 Jun 2023 Form 4/A - Amendment Insider Report for loanDepot, Inc. (LDI)

Role
Chief Capital Markets Officer
Signature
/s/ Amanda Darby, as Attorney-in-Fact for Jeff DerGurahian
Issuer symbol
LDI
Transactions as of
30 Jun 2023
Net transactions value
-$208,555
Form type
4/A - Amendment
Filing time
04 Aug 2023, 18:22:58 UTC
Date Of Original Report
05 Jul 2023
Previous filing
27 Dec 2022
Next filing
01 Aug 2023
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, par value $0.001 per share Options Exercise +250,000 +266% 343,821 30 Jun 2023 Direct F1
transaction LDI Class A Common Stock, par value $0.001 per share Tax liability $208,555 -98,375 -29% $2.12 245,446 30 Jun 2023 Direct
holding LDI Class A Common Stock 5,842,969 30 Jun 2023 CDG Financial LLC F2, F3

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 -250,000 -50% $0.000000 250,000 30 Jun 2023 Class A Common Stock 250,000 Direct F1, F4
* 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 This amended Form 4 updates the total number of shares included in this column, which was inadvertently incorrectly reported in the original Form 4 filed on July 5, 2023.
F3 The Reporting Person is the Managing Member of CDG Financial LLC. The Reporting Person disclaims beneficial ownership of the LDI shares held by CDG Financial LLC except to the extent of his pecuniary interest therein.
F4 The RSUs are scheduled to vest as follows, 250,000 on each of 6/30/2023 and 6/30/2024.

Remarks:

In addition to the change summarized in footnote 2 above and resultant renumbering of subsequent footnotes, the original Form 4, filed on July 5, 2023, is being amended to include a power of attorney as Exhibit 24, pursuant to which the original Form 4 was executed. The remainder of the original Form 4 remains unchanged.