4//SEC Filing
Deer Park Road Management Company, LP 4
Accession 0000905148-20-000526
CIK 0000873860other
Filed
Apr 20, 8:00 PM ET
Accepted
Apr 21, 4:16 PM ET
Size
13.8 KB
Accession
0000905148-20-000526
Insider Transaction Report
Form 4
Deer Park Road Management GP, LLC
10% Owner
Transactions
- Sale
Common Stock
2020-04-17$0.44/sh−400,000$177,840→ 12,956,147 total(indirect: See footnotes)
Deer Park Road Corp
10% Owner
Transactions
- Sale
Common Stock
2020-04-17$0.44/sh−400,000$177,840→ 12,956,147 total(indirect: See footnotes)
Burg Scott Edward
10% Owner
Transactions
- Sale
Common Stock
2020-04-17$0.44/sh−400,000$177,840→ 12,956,147 total(indirect: See footnotes)
Transactions
- Sale
Common Stock
2020-04-17$0.44/sh−400,000$177,840→ 12,956,147 total(indirect: See footnotes)
AgateCreek LLC
10% Owner
Transactions
- Sale
Common Stock
2020-04-17$0.44/sh−400,000$177,840→ 12,956,147 total(indirect: See footnotes)
Craig-Scheckman Michael
10% Owner
Transactions
- Sale
Common Stock
2020-04-17$0.44/sh−400,000$177,840→ 12,956,147 total(indirect: See footnotes)
Footnotes (3)
- [F1]These shares of the Issuer's common stock ("Shares") are held for the account of STS Master Fund, Ltd. Deer Park Road Management Company, LP ("Deer Park") serves as investment adviser to STS Master Fund, Ltd.
- [F2]Deer Park Road Management GP, LLC ("DPRM") is the general partner of Deer Park. Each of Deer Park Road Corporation ("DPRC") and AgateCreek LLC ("AgateCreek") is a member of DPRM. Michael Craig-Scheckman is the Chief Executive Officer of each of Deer Park and DPRC and the majority owner of DPRC. Scott Edward Burg is the Chief Investment Officer of Deer Park and the sole member of AgateCreek. Each Reporting Person disclaims beneficial ownership of the Shares except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the Shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- [F3]This price reflects the weighted average price for open-market sales of Shares made by the Reporting Persons on April 17, 2020 within a $1.00 range. The actual prices for these transactions range between $0.41 to $0.47. The Reporting Persons further undertake to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price reported herein.
Documents
Issuer
OCWEN FINANCIAL CORP
CIK 0000873860
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001655028
Filing Metadata
- Form type
- 4
- Filed
- Apr 20, 8:00 PM ET
- Accepted
- Apr 21, 4:16 PM ET
- Size
- 13.8 KB