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loanDepot, Inc. — Director's Dealing 2023
Jul 7, 2023
32188_dirs_2023-07-06_630dab3b-79cf-467d-badc-26da14a82ba3.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: 2023-07-03
Reporting Person: Hayes David R (Chief Financial Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-07-03 | Stock Option | $2.12 | A | 250000 | Acquired | 2033-07-03 | Class A Common Stock (250000) | Direct |
| 2023-07-03 | Restricted Stock Units | $ | A | 389150 | Acquired | Class A Common Stock (389150) | Direct | |
| 2023-07-03 | Performance Share Units | $ | A | 389150 | Acquired | Class A Common Stock (389150) | Direct |
Footnotes
F1: The stock options are schedule to vest as follows: 50% on each of the first two anniversaries of the date of grant.
F2: Each restricted stock unit ("RSU") represents a contingent right to receive, at settlement, one share of Class A Common Stock.
F3: The RSUs are scheduled to vest as follows: 50% on each of the first two anniversaries of the date of grant.
F4: Each performance share unit ("PSU") represents a contingent right to receive one share of Class A Common Stock.
F5: The PSUs are scheduled to vest as follows if the specified stock price hurdles is achieved by the Class A Common Stock, in proportion to such achievement: the target PSUs at up to 150% on 6/30/24. Any PSUs which have not become earned by 6/30/24 will be forfeited.