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ONITY GROUP INC. — Director's Dealing 2020
May 29, 2020
33237_dirs_2020-05-29_bdd9645c-7379-4521-9744-a7a024b453f0.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: 2020-05-27
Reporting Person: Soaries DeForest B. Jr. (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-05-27 | Common Stock | A | 135135 | — | Acquired | 289223 | Direct |
Footnotes
F1: Consists of restricted stock units representing a contingent right to receive one share of OCN common stock for no additional consideration (RSUs). The RSUs will vest May 27, 2021, 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 May 27, 2021.
F2: Also includes 12,240 shares underlying previously vested RSUs, and 62,500 shares underlying RSUs vesting May 30, 2020, that in each case 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.