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loanDepot, Inc. — Director's Dealing 2021
Nov 5, 2021
32188_dirs_2021-11-05_552d18cd-e498-4a9b-ac45-5c3209096fd8.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: loanDepot, Inc. (LDI)
CIK: 0001831631
Period of Report: 2021-11-03
Reporting Person: PATENAUDE PAMELA H. (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-11-03 | Class A Common Stock | M | 2862 | — | Acquired | 2862 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-11-03 | Restricted Stock Units | $ | M | 2862 | Disposed | Class A Common Stock (2862.0) | Direct |
Footnotes
F1: As per the Restricted Stock Unit Award Agreement dated 8/6/21 ("Agreement"), restricted stock units ("RSUs") vest in a first installment of 2,862 on 9/30/21 and then 3 installments of 2,863 each on 12/31/21, 3/31/22, and 6/8/22. Within 30 days following vesting of RSUs (provided such date does not fall during a Blackout Period), Issuer shall deliver the number of shares of Class A Common Stock that correspond to the number of RSUs that vested on the vesting date or, at the discretion of the Compensation Committee, its cash equivalent.
F2: In accordance with the terms of the Agreement, RSUs vested on 9/30/21 were settled on 11/3/21 when the Issuer's trading blackout period ended and trading was permitted to commence.