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loanDepot, Inc. — Director's Dealing 2022
May 27, 2022
32188_dirs_2022-05-27_55a064f1-8789-4b09-afde-35e213903c06.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: 2022-05-25
Reporting Person: Martell Frank (Director, CEO and President)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-05-25 | Restricted Stock Units | $ | A | 1000000 | Acquired | Class A Common Stock (1000000.0) | Direct | |
| 2022-05-25 | Performance Share Units | $ | A | 3000000 | Acquired | Class A Common Stock (3000000.0) | Direct | |
| 2022-05-25 | Stock Option | $2.72 | A | 1000000 | Acquired | 2032-05-25 | Class A Common Stock (1000000.0) | Direct |
Footnotes
F1: Each restricted stock unit ("RSU") represents a contingent right to receive, at settlement, one share of Class A Common Stock.
F2: The RSUs are scheduled to vest as follows, 250,000 on each of 4/27/23, 4/27/24, 4/27/25 and 4/27/26. Within 30 days following each vesting date (provided such date does not fall during a Blackout Period), Issuer will deliver the number of shares of Class A Common Stock that correspond to the number of RSUs that vested.
F3: Each performance share unit ("PSU") represents a contingent right to receive one share of Issuer's Class A Common Stock.
F4: The PSUs vest on the 5th anniversary of the grant date in proportion to specified stock price hurdles being achieved by the Issuer's Class A Common stock.
F5: The stock options are scheduled to vest as follows, 250,000 on each of 4/27/23, 4/27/24, 4/27/25 and 4/27/26