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loanDepot, Inc. — Director's Dealing 2021
May 10, 2021
32188_dirs_2021-05-10_d6c5799d-b1e9-4482-a8ea-3aacfe041252.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: 2021-05-06
Reporting Person: PCP MANAGERS GP, LLC (10% Owner)
Reporting Person: PCP MANAGERS, L.P. (Director, 10% Owner)
Reporting Person: Golson Brian P. (Director)
Reporting Person: Dodson Andrew C (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-05-06 | Class A common stock, par value $0.001 per share | M | 4464 | — | Acquired | 4464 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-06 | Restricted Stock Units | $ | A | 17858 | Acquired | Class A Common Stock, par value $0.001 per share (17858) | Indirect | |
| 2021-05-07 | Restricted Stock Units | $ | M | 4464 | Disposed | Class A Common Stock, par value $0.001 per share (4464) | Indirect |
Footnotes
F1: Each restricted stock unit ("RSU") represents a contingent right to receive, at settlement, one share of Class A common stock, par value $0.001 per share ("Class
A Common Stock") or, at the option of the Compensation Committee, the cash value of one share of Class A Common Stock
F2: PCP Managers GP, LLC is the general partner of PCP Managers, L.P, an affiliate of Parthenon Capital Partners ("Parthenon Capital"). Andrew C. Dodson and Brian P. Golson serve as directors of loanDepot, Inc.'s (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.
F3: 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.
F4: The RSUs settle in shares of Class A Common Stock of the Issuer in three installments of 4,464 each on May 6, 2021, June 30, 2021, and September 30, 2021 and 4,466 on December 31, 2021.