AI assistant
ONITY GROUP INC. — Director's Dealing 2022
Apr 1, 2022
33237_dirs_2022-04-01_393eb889-1e7d-49bd-8b4a-4f441db59c13.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: OCWEN FINANCIAL CORP (OCN)
CIK: 0000873860
Period of Report: 2022-03-30
Reporting Person: Campbell June C (EVP & Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-03-30 | Common Stock | M | 4222 | — | Acquired | 9710 | Direct |
| 2022-03-30 | Common Stock | D | 4222 | — | Disposed | 5488 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-03-30 | Restricted Stock Units | $ | M | 4222 | Disposed | Common Stock (4222) | Direct |
Footnotes
F1: On March 30, 2020, the reporting person was granted 12,666 restricted stock units scheduled to vest in three approximately equal installments on the first, second, and third anniversaries of grant. Each restricted stock unit represents a contingent right to receive a cash payment equal to the closing price of one share of OCN common stock on the applicable vesting date. Share number has been adjusted to give effect to the issuer's one-for-15 reverse stock split effective August 13, 2020. The transactions reported on this Form 4 reflect the settlement in cash pursuant to the terms of the award of 4,222 restricted stock units that vested pursuant to the award on March 30, 2022. On March 30, 2022, the closing price of OCN common stock was $24.18.
F2: Includes 3,176 shares held jointly with spouse.
F3: Not applicable