Pcp Managers Gp, Llc - Dec 2, 2024 Form 4 Insider Report for loanDepot, Inc. (LDI)

Role
Director, 10%+ Owner
Signature
/s/ Greg Smith, as Attorney-in-Fact for Joseph Taveira, Chief Financial Officer of PCP Managers GP, LP and PCP Managers L.P.
Stock symbol
LDI
Transactions as of
Dec 2, 2024
Transactions value $
$0
Form type
4
Date filed
12/4/2024, 06:47 PM
Previous filing
Sep 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LDI Class A Common Stock Options Exercise $0 +30.2K +0.72% $0.00 4.21M Dec 2, 2024 See Footnotes F1, 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 -30.2K -33.33% $0.00 60.4K Dec 2, 2024 Class A Common Stock 30.2K See Footnotes F1, F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RSUs that vested on November 30, 2024, were settled on December 2, 2024.
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 Pursuant to Assignment and Acknowledgement Agreements, dated as of May 6, 2021, Messrs. Golson and Dodson (the "Directors") serve as directors of loanDepot, Inc. (the "Issuer") and hold the RSUs for the benefit of PCP Managers, L.P. The Directors disclaim all right, title and interest in the RSUs. PCP Managers GP, LLC is the general partner of PCP Managers, L.P, an affiliate of Parthenon Capital Partners ("Parthenon Capital"). 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.
F4 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.
F5 The remaining RSUs are scheduled to vest ratably on February 28, 2025 and May 31, 2025.

Remarks:

Exhibit 24.1 - Power of Attorney (Golson) Exhibit 24.2 - Power of Attorney (Dodson) Exhibit 24.3 - Power of Attorney (Taveira)