PCP MANAGERS GP, LLC - 06 Nov 2023 Form 4 Insider Report for loanDepot, Inc. (LDI)

Role: Director, 10%+ Owner
Signature: /s/ Denise Apicella, as Attorney-in-Fact for Andrew Dodson
Issuer symbol: LDI
Transactions as of: 06 Nov 2023
Net transactions value: $0
Form type: 4
Filing time: 08 Nov 2023, 17:46:44 UTC
Previous filing: 02 Mar 2023
Next filing: 05 Dec 2023
SEC: View on sec.gov

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	Award	$0	+117,370		$0.000000	117,370	06 Nov 2023	Class A Common Stock	117,370		See Footnotes	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Pursuant to the Assignment and Acknowledgement Agreements, dated as of May 6, 2021, Messrs. Golson and Dodson (the "Directors") hold the Restricted Stock Units ("RSUs") for the benefit of PCP Managers, L.P. and disclaim all right, title and interest in the RSUs. As per the Restricted Stock Unit Award Agreement dated November 6, 2023, and subject to the applicable Director's continued service, the RSUs will vest in 25% installments as follows: 25% vested immediately upon grant, and the remaining 25% installments vest on each of November 30, 2023, February 28, 2024, and May 31, 2024. Vested RSUs will be settled within 30 days following the vesting date. Each 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	Each of the Reporting Persons expressly disclaims beneficial ownership of the equity securities reported herein, except to the extent of their respective pecuniary interests therein, and the filing of this Form 4 shall not be construed as an admission that any such Reporting Person is the beneficial owner of any equity securities covered by this Form 4.
F3	PCP Managers GP, LLC is the general partner of PCP Managers, L.P, an affiliate of Parthenon Capital Partners ("Parthenon Capital"). The Directors serve as directors of loanDepot, Inc. (the "Issuer"). Mr. Golson is the Co-CEO and Managing Partner at Parthenon Capital and Mr. Dodson is a Managing Partner at Parthenon Capital. PCP Managers GP, LLC and certain of the Reporting Persons' affiliates may be deemed to be a director by deputization of the Issuer.