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ONITY GROUP INC. — Director's Dealing 2020
Apr 14, 2020
33237_dirs_2020-04-14_26f17840-b0db-4c6a-9679-4b461d095d33.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: 2020-04-11
Reporting Person: Messina Glen A. (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-04-11 | Common Stock | M | 188442 | — | Acquired | 672570 | Direct |
| 2020-04-11 | Common Stock | F | 87324 | $0.54 | Disposed | 585246 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-04-11 | Restricted Stock Units | $ | M | 188442 | Acquired | Common Stock (188442) | Direct |
Footnotes
F1: Each Restricted Stock Unit represents a contingent right to receive one share of OCN common stock on the applicable vesting date.
F2: Includes 308,300 shares held jointly with spouse.
F3: Shares withheld pursuant to terms of the award to cover tax withholding obligations.
F4: On April 11, 2019, the reporting person was granted 565,326 restricted stock units scheduled to vest in three equal annual installments on the first, second and third anniversaries of grant.
F5: Not applicable.
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