Form 4 for LDI loanDepot, Inc.
Accepted 2021-11-05 00:00:00 ET · period of report 2021-11-03 · accession 0001831631-21-000137 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-11-05 | 2021-11-03 | LDI | DORMAN JOHN C | Dir | M - OptEx | — | +2,232 | 6,696 | +50% | — |
| D | 2021-11-05 | 2021-11-03 | LDI | DORMAN JOHN C | Dir | M - OptEx | $0.00 | -2,232 | 2,233 | -50% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2021-11-03 | M | A | 2,232 | — | 6,696 | D | — | — | (F2) In accordance with the terms of the Agreement, RSUs vested on 9/30/21 were settled on 11/3/21 when the Issuer's trading blackout period ended and trading was permitted to commence. (F1) As per the Restricted Stock Unit Award Agreement dated 5/6/21 ("Agreement"), restricted stock units ("RSUs") vest in 3 installments of 2,232 each on 5/6/21, 6/30/21 and 9/30/21 and a final installment of 2,233 on 12/31/21. Within 30 days following vesting of RSUs (provided such date does not fall during a Blackout Period), Issuer shall deliver the number of shares of Class A Common Stock that correspond to the number of RSUs that vested on the vesting date or, at the discretion of the Compensation Committee, its cash equivalent. |
| 2 | Derivative | Restricted Stock Units | 2021-11-03 | M | D | 2,232 | $0.00 | 2,233 | D | — · — to — | 2,232 Class A Common Stock | (F2) In accordance with the terms of the Agreement, RSUs vested on 9/30/21 were settled on 11/3/21 when the Issuer's trading blackout period ended and trading was permitted to commence. (F1) As per the Restricted Stock Unit Award Agreement dated 5/6/21 ("Agreement"), restricted stock units ("RSUs") vest in 3 installments of 2,232 each on 5/6/21, 6/30/21 and 9/30/21 and a final installment of 2,233 on 12/31/21. Within 30 days following vesting of RSUs (provided such date does not fall during a Blackout Period), Issuer shall deliver the number of shares of Class A Common Stock that correspond to the number of RSUs that vested on the vesting date or, at the discretion of the Compensation Committee, its cash equivalent. |