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ONITY GROUP INC. — Director's Dealing 2022
Apr 1, 2022
33237_dirs_2022-04-01_0d5c7d8b-bfcf-439d-996b-618f17ca783f.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: 2022-03-30
Reporting Person: Messina Glen A. (President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-03-30 | Common Stock | M | 25000 | — | Acquired | 117918 | Direct |
| 2022-03-30 | Common Stock | F | 11585 | $24.18 | Disposed | 106333 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-03-30 | Restricted Stock Units | $ | M | 25000 | Disposed | Common Stock (25000) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of OCN common stock.
F2: Includes 20,554 shares held jointly with spouse.
F3: Shares withheld pursuant to terms of the award to cover tax withholding obligations.
F4: On March 30, 2020, the reporting person was granted 75,000 restricted stock units scheduled to vest in three equal annual installments on the first, second, and third anniversaries of grant 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.
F5: Not applicable.