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ONITY GROUP INC. — Director's Dealing 2016
Jun 29, 2016
33237_dirs_2016-06-28_2658c0af-0516-4ceb-8b87-9ec1876527d9.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: OCWEN FINANCIAL CORP (OCN)
CIK: 0000873860
Period of Report: 2016-06-25
Reporting Person: Cruz Marcelo G (EVP & Chief Risk Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-06-25 | Common Stock | F | 912 | $1.65 | Disposed | 8176 | Direct |
Footnotes
F1: Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of previously awarded stock. On June 25, 2014, Mr. Cruz was awarded 10,000 shares of restricted stock subject to 3,334, 3,333 and 3,333 shares vesting on each of June 25, 2015, June 25, 2016 and June 25, 2017, respectively. On June 25, 2015, 3,334 shares vested of which 912 shares were withheld to satisfy tax withholding obligations. On June 25, 2016, 3,333 shares vested of which 912 shares were withheld to satisfy tax withholding obligations.