Home/Filings/4/0001831631-23-000304
4//SEC Filing

Ament David J. 4

Accession 0001831631-23-000304

CIK 0001831631other

Filed

Nov 7, 7:00 PM ET

Accepted

Nov 8, 5:46 PM ET

Size

11.5 KB

Accession

0001831631-23-000304

Insider Transaction Report

Form 4
Period: 2023-11-06
Transactions
  • Award

    Restricted Stock Units

    2023-11-06+117,370117,370 total(indirect: See Footnotes)
    Class A Common Stock (117,370 underlying)
Transactions
  • Award

    Restricted Stock Units

    2023-11-06+117,370117,370 total(indirect: See Footnotes)
    Class A Common Stock (117,370 underlying)
PCP MANAGERS GP, LLC
Director10% Owner
Transactions
  • Award

    Restricted Stock Units

    2023-11-06+117,370117,370 total(indirect: See Footnotes)
    Class A Common Stock (117,370 underlying)
Transactions
  • Award

    Restricted Stock Units

    2023-11-06+117,370117,370 total(indirect: See Footnotes)
    Class A Common Stock (117,370 underlying)
Footnotes (3)
  • [F1]Pursuant to the Assignment and Acknowledgement 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 November 6, 2023, and subject to the applicable Director's continued service, the RSUs will vest in 25% installments as follows: 25% vested immediately upon grant, and the remaining 25% installments vest on each of November 30, 2023, February 28, 2024, and May 31, 2024. Vested RSUs will be settled within 30 days following the vesting date. Each RSU represents a contingent right to receive, at settlement, one share of Class A Common Stock or, at the option of the Compensation Committee, the cash value of one share of Class A Common Stock.
  • [F2]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.
  • [F3]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.

Issuer

loanDepot, Inc.

CIK 0001831631

Entity typeother

Related Parties

1
  • filerCIK 0001477996

Filing Metadata

Form type
4
Filed
Nov 7, 7:00 PM ET
Accepted
Nov 8, 5:46 PM ET
Size
11.5 KB