Joseph J. Grassi III - Sep 12, 2023 Form 4 Insider Report for loanDepot, Inc. (LDI)

Signature
/s/ Amanda Darby, as Attorney-in-Fact for Joseph J. Grassi III
Stock symbol
LDI
Transactions as of
Sep 12, 2023
Transactions value $
-$17,779
Form type
4
Date filed
9/14/2023, 05:37 PM
Previous filing
Dec 27, 2022
Next filing
Apr 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LDI Class A Common Stock Options Exercise +31.3K 31.3K Sep 12, 2023 Direct F1
transaction LDI Class A Common Stock Tax liability -$17.8K -9.41K -30.1% $1.89 21.8K Sep 12, 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 -31.3K -25% $0.00 93.8K Sep 12, 2023 Class A Common Stock 31.3K Direct F1, F2
* 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.
F2 The RSUs are scheduled to vest as follows: 25% on each of 9/12/24, 9/12/25, and 9/12/26.

Remarks:

Exhibit 24.1 - Power of Attorney