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ONITY GROUP INC. — Director's Dealing 2019
Jun 3, 2019
33237_dirs_2019-06-03_8324ef60-b034-4cd2-acfd-2ce1a902b4a7.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: 2019-05-30
Reporting Person: Soaries DeForest B. Jr. (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-05-30 | Common Stock | A | 62500 | — | Acquired | 154088 | Direct |
Footnotes
F1: Consists of restricted stock units representing a contingent right to receive one share of OCN common stock (RSUs). The RSUs will vest May 30, 2020, subject to certain conditions relating to the reporting person's service as a director of the issuer, and the underlying shares of common stock will be delivered on the six-month anniversary of the date the reporting person's service on the board of directors terminates.
F2: Also includes 12,240 shares underlying previously vested RSUs that will be delivered on the six-month anniversary of the date the reporting person's service on the board of directors terminates and 19,901 shares underlying previously vested RSUs that will be delivered on January 1, 2023.