0001831631-22-000363.txt : 20221227
0001831631-22-000363.hdr.sgml : 20221227
20221227201118
ACCESSION NUMBER: 0001831631-22-000363
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: DerGurahian Jeffrey Michael
CENTRAL INDEX KEY: 0001655938
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40003
FILM NUMBER: 221491491
MAIL ADDRESS:
STREET 1: C/O LOANDEPOT, 26642 TOWNE CENTRE DRIVE
CITY: FOOTHILL RANCH
STATE: CA
ZIP: 92610
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_167218984772520.xml
FORM 4
X0306
4
2022-12-23
0
0001831631
loanDepot, Inc.
LDI
0001655938
DerGurahian Jeffrey Michael
C/O LOANDEPOT, INC.
6561 IRVINE CENTER DRIVE
IRVINE
CA
92618
0
1
0
0
Chief Capital Markets Officer
Restricted Stock Units
2022-12-23
4
A
0
500000
0
A
Class A Common Stock
500000.0
500000
D
Performance Share Units
2022-12-23
4
A
0
500000
0
A
Class A Common Stock
500000.0
500000
D
Stock Option
1.57
2022-12-23
4
A
0
2000000
0
A
2023-12-31
2032-12-23
Class A Common Stock
2000000.0
2000000
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: 50% on each of 6/30/23 and 6/30/24.
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 as follows if the specified stock price hurdles is achieved by the Issuer's Class A Common Stock, in proportion to such achievement: (i) one-half of the target PSUs at up to 150% on 6/30/23, and (ii) all of the target PSUs at up to 150% on 6/30/24 (less the PSUs that vested on 6/30/23). Any PSUs which have not become earned by 6/30/24 will be forfeited.
/s/ Denise Apicella as Attorney-in-Fact for Jeff DerGurahian
2022-12-23