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Maverick Merger Sub 2, LLC — Director's Dealing 2021
Mar 3, 2021
30445_dirs_2021-03-03_34912c7f-e42f-456f-9b0c-f7b7b46389af.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Mr. Cooper Group Inc. (COOP)
CIK: 0000933136
Period of Report: 2021-03-01
Reporting Person: Marshall Christopher G (Vice Chairman & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-01 | Common Stock | M | 84358 | — | Acquired | 818470 | Direct |
| 2021-03-01 | Common Stock | F | 33195 | $31.45 | Disposed | 785275 | Direct |
| 2021-03-01 | Common Stock | F | 51726 | $31.19 | Disposed | 733549 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-03-01 | 2020 Performance Stock Units | $0.0 | M | 84358 | Disposed | 2023-03-01 | Common Stock (84358.0) | Direct |
Footnotes
F1: On March 1, 2021, 84,358 performance stock units ("PSUs") vested and converted into shares of Common Stock, par value $.01 per share, pursuant to the terms of the award agreement dated March 13, 2020, which was subject to the achievement of total shareholder return ("TSR") performance vesting criteria that was determined to have been satisfied on March 1, 2021.
F2: Number of shares forfeited to pay tax withholding obligations upon the vesting of PSUs granted by the Issuer under the 2019 Omnibus Incentive Plan.
F3: Number of shares forfeited to pay tax withholding obligations upon the vesting of restricted stock units granted by the Issuer under the Nationstar Mortgage Holdings Inc. Second Amended and Restated 2012 Incentive Compensation Plan.
F4: Converts to Common Stock on a one-for-one basis.
F5: The PSUs vest, if at all and to the extent of specified TSR performance, over a period of three years from March 1, 2020, with one-third of the units eligible to vest based on performance through March 1, 2021.
F6: The number of shares of Common Stock that would be received upon vesting of the PSUs, if any, may vary from 0% to 200% of the number shown depending on specified TSR performance over the relevant vesting period.