Dan Binowitz - 06 Nov 2024 Form 4 Insider Report for loanDepot, Inc. (LDI)

Role
Managing Director
Signature
/s/ Greg Smith, as Attorney-in-Fact for Dan Binowitz
Issuer symbol
LDI
Transactions as of
06 Nov 2024
Transactions value $
-$65,034
Form type
4
Filing time
08 Nov 2024, 19:24:40 UTC
Previous filing
12 Jul 2024
Next filing
17 Mar 2025
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 Award +70.9K +8.45% 911K 06 Nov 2024 Direct F1
transaction LDI Class A Common Stock Tax liability -$65K -25.3K -2.78% $2.57 885K 06 Nov 2024 Direct

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 Performance Share Units Award $0 +142K $0.00 142K 06 Nov 2024 Class A Common Stock 142K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance stock unit ("PSU") granted on April 15, 2024, represented a contingent right to receive one share of Class A Common Stock upon LDI achieving one fiscal quarter of positive adjusted net income. The remaining PSUs are scheduled to vest ratably on April 15, 2026, and April 15, 2027.

Remarks:

Exhibit 24.1 - Power of Attorney