Dan Binowitz - 10 Jul 2023 Form 4 Insider Report for loanDepot, Inc. (LDI)

Role
Managing Director
Signature
/s/ Amanda Darby, as Attorney-in-Fact for Dan Binowitz
Issuer symbol
LDI
Transactions as of
10 Jul 2023
Net transactions value
-$103,988
Form type
4
Filing time
12 Jul 2023, 19:25:00 UTC
Previous filing
10 Jul 2023
Next filing
14 Jul 2023
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 +43,789 +5.4% 858,158 10 Jul 2023 Direct F1
transaction LDI Class A Common Stock Tax liability $31,195 -15,143 -1.8% $2.06 843,015 10 Jul 2023 Direct
transaction LDI Class A Common Stock Options Exercise +43,789 +5.2% 886,804 10 Jul 2023 Direct F1
transaction LDI Class A Common Stock Tax liability $31,195 -15,143 -1.7% $2.06 871,661 10 Jul 2023 Direct
transaction LDI Class A Common Stock Sale $20,505 -9,999 -1.1% $2.05 861,662 10 Jul 2023 Direct F2
transaction LDI Class A Common Stock Sale $21,094 -9,999 -1.2% $2.11 851,663 11 Jul 2023 Direct F3

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 Options Exercise $0 -43,789 -25% $0.000000 131,370 10 Jul 2023 Class A Common Stock 43,789 Direct F1, F4
transaction LDI Restricted Stock Units Options Exercise $0 -43,789 -25% $0.000000 131,370 10 Jul 2023 Class A Common Stock 43,789 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive, at settlement, one share of Class A Common Stock.
F2 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.98 to $2.09. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, specific trade amounts and pricing within the range set forth in this footnote at which the transaction was effected.
F3 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.07 to $2.13. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, specific trade amounts and pricing within the range set forth in this footnote at which the transaction was effected.
F4 These RSUs granted on 12/23/22, are scheduled to vest as follows: 25% on each of 7/10/24, 7/10/25, and 7/10/26.
F5 These RSUs granted on 1/18/23, are scheduled to vest as follows: 25% on each of 7/10/24, 7/10/25, and 7/10/26.