OCWEN FINANCIAL CORP 4
4 · OCWEN FINANCIAL CORP · Filed Nov 13, 2015
Insider Transaction Report
Form 4
FARIS RONALD M
DirectorPresident
Transactions
- Exercise/Conversion
Common Stock
2015-11-12$5.81/sh+60,504$351,431→ 471,912 total - Tax Payment
Common Stock
2015-11-12$6.66/sh−56,013$373,047→ 415,899 total - Purchase
Common Stock
2015-11-13$6.19/sh+5,000$30,950→ 420,899 total - Exercise/Conversion
Stock Options
2015-11-12−60,504→ 0 totalExercise: $5.81Exp: 2016-03-08→ Common Stock (60,504 underlying)
Footnotes (4)
- [F1]Exercise price reflects an adjustment made in Ocwen Financial Corporation (the "Company") stock options outstanding on or before the Altisource Portfolio Solutions S.A. spin-off transaction completed on August 10, 2009 to adjust for the spin-off.
- [F2]Includes 115,582 shares jointly held by Mr. and Mrs. Ronald M. Faris.
- [F3]Represents shares withheld by the Company to satisfy tax withholding obligations and payment of the exercise price.
- [F4]Options vested in five equal increments, with the first increment vesting immediately upon grant and the remaining shares vesting on January 31, annually, commencing in 2007.