0001831631-22-000371.txt : 20221227 0001831631-22-000371.hdr.sgml : 20221227 20221227202128 ACCESSION NUMBER: 0001831631-22-000371 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20221223 FILED AS OF DATE: 20221227 DATE AS OF CHANGE: 20221227 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Grassi Joseph J III CENTRAL INDEX KEY: 0001609095 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40003 FILM NUMBER: 221491505 MAIL ADDRESS: STREET 1: C/O FANNIE MAE STREET 2: 1100 15TH STREET NW CITY: WASHINGTON STATE: DC ZIP: 20005 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: 6561 IRVINE CENTER DRIVE CITY: IRVINE STATE: CA ZIP: 92618 BUSINESS PHONE: (949) 434-5964 MAIL ADDRESS: STREET 1: 6561 IRVINE CENTER DRIVE CITY: IRVINE STATE: CA ZIP: 92618 4 1 wf-form4_167219047023935.xml FORM 4 X0306 4 2022-12-23 0 0001831631 loanDepot, Inc. LDI 0001609095 Grassi Joseph J III C/O LOANDEPOT, INC. 6561 IRVINE CENTER DR. IRVINE CA 92618 0 1 0 0 Chief Risk Officer Restricted Stock Units 2022-12-23 4 A 0 125000 0 A Class A Common Stock 125000.0 125000 D Performance Share Units 2022-12-23 4 A 0 125000 0 A Class A Common Stock 125000.0 125000 D Grant was pursuant to the terms of an employment arrangement. 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: 25% on each of 9/12/23, 9/12/24, 9/12/25, and 9/12/26. Grant was pursuant to the terms of an employment arrangement. Each performance share unit ("PSU") represents a contingent right to receive one share of Issuer's Class A Common Stock. The PSUs are scheduled to vest on 12/31 of the calendar year during which the specified stock price hurdles is achieved by the Issuer's Class A Common Stock, in proportion to such achievement up to 150% of the PSUs granted; provided that if such hurdles are achieved during 2022, the related portion of PSUs will vest on 12/31/23. Any PSUs which have not become earned by the fourth anniversary of the grant date will be forfeited. /s/ Joseph J. Grassi III 2022-12-27