Joseph J. Grassi III - 06 Nov 2024 Form 4 Insider Report for loanDepot, Inc. (LDI)

Role
Chief Risk Officer
Signature
/s/ Greg Smith, as Attorney-in-Fact for Joseph J. Grassi III
Issuer symbol
LDI
Transactions as of
06 Nov 2024
Net transactions value
-$35,661
Form type
4
Filing time
08 Nov 2024, 19:28:38 UTC
Previous filing
16 Sep 2024
Next filing
17 Mar 2025
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 Award +46,099 +106% 89,785 06 Nov 2024 Direct F1
transaction LDI Class A Common Stock Tax liability $35,661 -13,876 -15% $2.57 75,909 06 Nov 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 +92,198 $0.000000 92,198 06 Nov 2024 Class A Common Stock 92,198 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.