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ONITY GROUP INC. — Director's Dealing 2023
Jan 3, 2023
33237_dirs_2023-01-03_5f7cdc74-bf5b-4b1b-8728-4080b4440d72.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: 2023-01-01
Reporting Person: Soaries DeForest B. Jr. (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-01-01 | Common Stock | M | 1326 | — | Acquired | 27202 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-01-01 | Restricted Stock Units | $ | M | 1326 | Disposed | Common Stock (1326) | Direct |
Footnotes
F1: On May 11, 2016, the reporting person was granted 1,326 restricted stock units (RSUs) representing a contingent right to receive one share of OCN common stock for no additional consideration which vested on May 11, 2017, with respect to which the underlying shares were not deliverable until January 1, 2023. Share number has been adjusted to give effect to the issuer's one-for-15 reverse stock split effective August 13, 2020.
F2: Does not include 4,981 shares underlying vested RSUs which are not settleable until the six-month anniversary of the director's termination of service.
F3: Not applicable.