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ONITY GROUP INC. — Director's Dealing 2013
Aug 26, 2013
33237_dirs_2013-08-26_660714f9-54da-45f4-92c2-0cbca9d1d77b.zip
Director's Dealing
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SEC Form 3/A — Form 3/A
Issuer: OCWEN FINANCIAL CORP (OCN)
CIK: 0000873860
Period of Report: 2013-04-15
Reporting Person: Malik Nikhil (CFO, Ocwen Mortgage Servicing)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Options | $24.3800 | 2022-08-21 | Common Stock (40000.0000) | Direct |
Footnotes
F1: These options were omitted from the reporting person's original Form 3. 25% of the options vest in four equal annual increments commencing August 21, 2013. 50% of the options vest in four equal annual increments commencing on the date as of which the stock price has at least doubled the exercise price with a 20% or greater annualized rate of return in the stock price measured from the date of grant, and 25% of the options vest in four equal annual increments commencing on the date as of which the stock price has at least tripled the exercise price with a 25% or greater annualized rate of return in the stock price measured from the date of grant.