InsiderTrades

Form 4 for LDI loanDepot, Inc.

Accepted 2021-08-09 00:00:00 ET · period of report 2021-08-06 · accession 0001831631-21-000086 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X Filed Traded Ticker Insider Title Type Price Qty Owned ΔOwn Value
DI 2021-08-09 2021-08-06 LDI PCP MANAGERS, L.P. Dir, 10% M - OptEx — +4,464 8,928 +100% —
DI 2021-08-09 2021-08-06 LDI PCP MANAGERS, L.P. Dir, 10% M - OptEx $0.00 -4,464 8,930 -33% $0

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#TableSecurityDateCodeA/DSharesPriceOwned afterOwnExercise / expiryUnderlyingFootnotes
1 Common Class A Common Stock, par value $0.001 per share 2021-08-06 M A 4,464 — 8,928 I PCP Managers, L.P. — — (F1) As per the Restricted Stock Unit Award Agreement dated May 6, 2021, RSUs vest in three equal installments on May 6, 2021, June 30, 2021, September 30, 2021, and December 31, 2021. Within thirty (30) days following the vesting of the RSUs, the Issuer shall deliver the number of shares of Class A Common Stock, par value $0.001 per share, that correspond to the number of RSUs that have become vested on the vesting date or, at the discretion of the Compensation Committee, its cash equivalent. (F2) RSUs vested on 6/30/2021 but did not settle until 8/6/2021 when the Issuer's trading blackout period ended and trading was permitted to commence. (F3) Restricted stock units convert into shares of Class A common stock on a one-for-one basis. (F4) PCP Managers GP, LLC is the general partner of PCP Managers, L.P, an affiliate of Parthenon Capital Partners ("Parthenon Capital"). Andrew C. Dodson and Brian P. Golson serve as directors of loanDepot, Inc. (the "Issuer"). Mr. Golson is the Co-CEO and Managing Partner at Parthenon Capital and Mr. Dodson is a Managing Partner at Parthenon Capital. PCP Managers GP, LLC and certain of the Reporting Persons' affiliates may be deemed to be a director by deputization of the Issuer. (F5) Each of the Reporting Persons expressly disclaims beneficial ownership of the equity securities reported herein, except to the extent of their respective pecuniary interests therein, and the filing of this Form 4 shall not be construed as an admission that any such Reporting Person is the beneficial owner of any equity securities covered by this Form 4.
2 Derivative Restricted Stock Units 2021-08-06 M D 4,464 $0.00 8,930 I PCP Managers, L.P. — · — to — 4,464 Class A Common Stock, par value $0.001 per share (F2) RSUs vested on 6/30/2021 but did not settle until 8/6/2021 when the Issuer's trading blackout period ended and trading was permitted to commence. (F4) PCP Managers GP, LLC is the general partner of PCP Managers, L.P, an affiliate of Parthenon Capital Partners ("Parthenon Capital"). Andrew C. Dodson and Brian P. Golson serve as directors of loanDepot, Inc. (the "Issuer"). Mr. Golson is the Co-CEO and Managing Partner at Parthenon Capital and Mr. Dodson is a Managing Partner at Parthenon Capital. PCP Managers GP, LLC and certain of the Reporting Persons' affiliates may be deemed to be a director by deputization of the Issuer. (F5) Each of the Reporting Persons expressly disclaims beneficial ownership of the equity securities reported herein, except to the extent of their respective pecuniary interests therein, and the filing of this Form 4 shall not be construed as an admission that any such Reporting Person is the beneficial owner of any equity securities covered by this Form 4. (F1) As per the Restricted Stock Unit Award Agreement dated May 6, 2021, RSUs vest in three equal installments on May 6, 2021, June 30, 2021, September 30, 2021, and December 31, 2021. Within thirty (30) days following the vesting of the RSUs, the Issuer shall deliver the number of shares of Class A Common Stock, par value $0.001 per share, that correspond to the number of RSUs that have become vested on the vesting date or, at the discretion of the Compensation Committee, its cash equivalent.