0001831631-22-000148.txt : 20220527
0001831631-22-000148.hdr.sgml : 20220527
20220527162412
ACCESSION NUMBER: 0001831631-22-000148
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220525
FILED AS OF DATE: 20220527
DATE AS OF CHANGE: 20220527
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Martell Frank
CENTRAL INDEX KEY: 0001387655
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40003
FILM NUMBER: 22977935
MAIL ADDRESS:
STREET 1: 10 GASTON FARMS ROAD
CITY: GREENWICH
STATE: CT
ZIP: 06831
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: loanDepot, Inc.
CENTRAL INDEX KEY: 0001831631
STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199]
IRS NUMBER: 853948939
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 26642 TOWNE CENTRE DRIVE
CITY: FOOTHILL RANCH
STATE: CA
ZIP: 92610
BUSINESS PHONE: 949-822-4716
MAIL ADDRESS:
STREET 1: 26642 TOWNE CENTRE DRIVE
CITY: FOOTHILL RANCH
STATE: CA
ZIP: 92610
4
1
wf-form4_165368302478976.xml
FORM 4
X0306
4
2022-05-25
0
0001831631
loanDepot, Inc.
LDI
0001387655
Martell Frank
C/O LOANDEPOT, INC.
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH
CA
92610
1
1
0
0
CEO and President
Restricted Stock Units
2022-05-25
4
A
0
1000000
0
A
Class A Common Stock
1000000.0
1000000
D
Performance Share Units
2022-05-25
4
A
0
3000000
0
A
Class A Common Stock
3000000.0
3000000
D
Stock Option
2.72
2022-05-25
4
A
0
1000000
0
A
2032-05-25
Class A Common Stock
1000000.0
1000000
D
Each restricted stock unit ("RSU") represents a contingent right to receive, at settlement, one share of Class A Common Stock.
The RSUs are scheduled to vest as follows, 250,000 on each of 4/27/23, 4/27/24, 4/27/25 and 4/27/26. Within 30 days following each vesting date (provided such date does not fall during a Blackout Period), Issuer will deliver the number of shares of Class A Common Stock that correspond to the number of RSUs that vested.
Each performance share unit ("PSU") represents a contingent right to receive one share of Issuer's Class A Common Stock.
The PSUs vest on the 5th anniversary of the grant date in proportion to specified stock price hurdles being achieved by the Issuer's Class A Common stock.
The stock options are scheduled to vest as follows, 250,000 on each of 4/27/23, 4/27/24, 4/27/25 and 4/27/26
/s/ Frank Martell
2022-05-27