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ONITY GROUP INC. — Director's Dealing 2022
Jun 1, 2022
33237_dirs_2022-06-01_f4e104b3-f904-4e41-b27d-9fbab11097ac.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: 2022-06-01
Reporting Person: Busquet Jacques J (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-06-01 | Common Stock | M | 4166 | — | Acquired | 34794 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-06-01 | Restricted Stock Units | $ | M | 4166 | Disposed | Common Stock (4166) | Direct |
Footnotes
F1: On May 30, 2019, the reporting person was granted 4,166 restricted stock units (RSUs) representing a contingent right to receive one share of OCN common stock for no additional consideration which vested May 30, 2020, with respect to which the underlying shares were not deliverable until June 1, 2022. Share number has been adjusted to give effect to the issuer's one-for-15 reverse stock split effective August 13, 2020.
F2: Includes 1,000 shares held jointly with spouse. Also includes 4,766 RSUs vesting May 25, 2023, subject to certain conditions relating to the reporting person's service as a director of the issuer, with respect to which the underlying shares of common stock will be delivered on May 25, 2023.
F3: Not applicable.