Joseph J. Grassi III - Nov 6, 2024 Form 4 Insider Report for loanDepot, Inc. (LDI)

Signature
/s/ Greg Smith, as Attorney-in-Fact for Joseph J. Grassi III
Stock symbol
LDI
Transactions as of
Nov 6, 2024
Transactions value $
-$35,661
Form type
4
Date filed
11/8/2024, 07:28 PM
Previous filing
Sep 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LDI Class A Common Stock Award +46.1K +105.52% 89.8K Nov 6, 2024 Direct F1
transaction LDI Class A Common Stock Tax liability -$35.7K -13.9K -15.45% $2.57 75.9K Nov 6, 2024 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 Performance Share Units Award $0 +92.2K $0.00 92.2K Nov 6, 2024 Class A Common Stock 92.2K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance stock unit ("PSU") granted on April 15, 2024, represented a contingent right to receive one share of Class A Common Stock upon LDI achieving one fiscal quarter of positive adjusted net income. The remaining PSUs are scheduled to vest ratably on April 15, 2026, and April 15, 2027.