JOHN C. DORMAN - 06 May 2021 Form 4 Insider Report for loanDepot, Inc. (LDI)

Role
Director
Signature
/s/ Peter Macdonald, as Attorney-in-Fact for John C. Dorman
Issuer symbol
LDI
Transactions as of
06 May 2021
Transactions value $
$0
Form type
4
Filing time
10 May 2021, 16:44:13 UTC
Next filing
08 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LDI Class A Common Stock Options Exercise $0 +2,232 $0 2,232 06 May 2021 Direct F1

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 Award $0 +8,929 $0 8,929 06 May 2021 Class A Common Stock 8,929 Direct F2, F3
transaction LDI Restricted Stock Units Options Exercise $0 -2,232 -25% $0 6,697 06 May 2021 Class A Common Stock 2,232 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into shares of Class A common stock on a one-for-one basis.
F2 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
F3 Restricted Stock Units ("RSUs") settle in shares of Class A common stock in 3 installments of 2,232 each on May 6, 2021, June 30, 2021 and September 30, 2021 and a final installment of 2,233 on December 31, 2021.