4//SEC Filing
PCP MANAGERS, L.P. 4
Accession 0001831631-24-000149
CIK 0001831631other
Filed
Jun 6, 8:00 PM ET
Accepted
Jun 7, 4:25 PM ET
Size
13.7 KB
Accession
0001831631-24-000149
Insider Transaction Report
Form 4
PCP MANAGERS GP, LLC
Director10% Owner
Transactions
- Exercise/Conversion
Class A Common Stock
2024-06-05+29,344→ 4,146,159 total(indirect: See Footnotes) - Exercise/Conversion
Restricted Stock Units
2024-06-05−29,344→ 0 total(indirect: See Footnotes)→ Class A Common Stock (29,344 underlying)
PCP MANAGERS, LLC
Director10% Owner
Transactions
- Exercise/Conversion
Class A Common Stock
2024-06-05+29,344→ 4,146,159 total(indirect: See Footnotes) - Exercise/Conversion
Restricted Stock Units
2024-06-05−29,344→ 0 total(indirect: See Footnotes)→ Class A Common Stock (29,344 underlying)
Dodson Andrew C
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2024-06-05+29,344→ 4,146,159 total(indirect: See Footnotes) - Exercise/Conversion
Restricted Stock Units
2024-06-05−29,344→ 0 total(indirect: See Footnotes)→ Class A Common Stock (29,344 underlying)
Golson Brian P.
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2024-06-05+29,344→ 4,146,159 total(indirect: See Footnotes) - Exercise/Conversion
Restricted Stock Units
2024-06-05−29,344→ 0 total(indirect: See Footnotes)→ Class A Common Stock (29,344 underlying)
Footnotes (4)
- [F1]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.
- [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]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, 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.
- [F4]In accordance with the terms of the RSU agreement, RSUs that vested on May 31, 2024, were settled on June 5, 2024.
Documents
Issuer
loanDepot, Inc.
CIK 0001831631
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001555301
Filing Metadata
- Form type
- 4
- Filed
- Jun 6, 8:00 PM ET
- Accepted
- Jun 7, 4:25 PM ET
- Size
- 13.7 KB