4//SEC Filing
Ament David J. 4
Accession 0001831631-23-000065
CIK 0001831631other
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 9:34 PM ET
Size
12.9 KB
Accession
0001831631-23-000065
Insider Transaction Report
Form 4
Dodson Andrew C
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2023-02-28+43,104→ 4,028,789 total(indirect: See Footnotes) - Exercise/Conversion
Restricted Stock Units
2023-02-28−43,104→ 0 total(indirect: See Footnotes)→ Class A Common Stock (43,104 underlying)
Ament David J.
10% Owner
Transactions
- Exercise/Conversion
Class A Common Stock
2023-02-28+43,104→ 4,028,789 total(indirect: See Footnotes) - Exercise/Conversion
Restricted Stock Units
2023-02-28−43,104→ 0 total(indirect: See Footnotes)→ Class A Common Stock (43,104 underlying)
Golson Brian P.
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2023-02-28+43,104→ 4,028,789 total(indirect: See Footnotes) - Exercise/Conversion
Restricted Stock Units
2023-02-28−43,104→ 0 total(indirect: See Footnotes)→ Class A Common Stock (43,104 underlying)
PCP MANAGERS GP, LLC
Director10% Owner
Transactions
- Exercise/Conversion
Class A Common Stock
2023-02-28+43,104→ 4,028,789 total(indirect: See Footnotes) - Exercise/Conversion
Restricted Stock Units
2023-02-28−43,104→ 0 total(indirect: See Footnotes)→ Class A Common Stock (43,104 underlying)
Footnotes (3)
- [F1]Pursuant to the Assignment and Acknowledgment Agreements, dated as of May 6, 2021, Messrs. Golson and Dodson (the "Directors") hold the Restricted Stock Units ("RSUs") for the benefit of PCP Managers, L.P. and disclaim all right, title and interest in the RSUs. As per the Restricted Stock Unit Award Agreement dated June 21, 2022, and subject to the applicable Director's continued service, RSUs will vest in four installments: 86,208 on June 30, 2022, 43,102 on August 31, 2022, 43,104 on November 30, 2022 and 43,104 on February 28, 2023. Within thirty (30) days following vesting of the RSUs, the Issuer shall deliver an equivalent number of shares of Class A Common Stock or, at the discretion of the Compensation Committee, the cash equivalent.
- [F2]PCP Managers GP, LLC is the general partner of PCP Managers, L.P, an affiliate of Parthenon Capital Partners ("Parthenon Capital"). The Directors 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.
- [F3]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.
Documents
Issuer
loanDepot, Inc.
CIK 0001831631
Entity typeother
Related Parties
1- filerCIK 0001477996
Filing Metadata
- Form type
- 4
- Filed
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 9:34 PM ET
- Size
- 12.9 KB