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ONITY GROUP INC. Director's Dealing 2020

Nov 16, 2020

33237_dirs_2020-11-16_618cca92-eae6-4c55-882f-f50065277803.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: 2020-11-15

Reporting Person: Britti John V. (EVP & Chief Investment Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-11-15 Common Stock M 2326 Acquired 12475 Direct
2020-11-15 Common Stock F 700 $22.92 Disposed 11775 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-11-15 Restricted Stock Units $ M 2326 Disposed Common Stock (2326) Direct

Footnotes

F1: Each Restricted Stock Unit represents a contingent right to receive one share of OCN common stock.

F2: Shares withheld pursuant to terms of the award to cover tax withholding obligations.

F3: On November 15, 2018 the reporting person was granted 11,627 restricted stock units scheduled to vest in annual installments of 2,325, 2,326 and 6,976, commencing November 15, 2019, subject to the reporting person's continued employment. Share number has been adjusted to give effect to the issuer's one-for-15 reverse stock split effective August 13, 2020.

F4: The Restricted Stock Units have no expiration date.