OCWEN FINANCIAL CORP 4
4 · OCWEN FINANCIAL CORP · Filed Feb 28, 2017
Insider Transaction Report
Form 4
Bourque Michael R Jr
Executive Vice President & CFO
Transactions
- Exercise/Conversion
Common Stock
2017-02-24+5,113→ 15,113 total - Tax Payment
Common Stock
2017-02-24$4.22/sh−1,398$5,907→ 13,715 total - Exercise/Conversion
Restricted Stock Units
2017-02-24−5,113→ 10,224 totalExp: 2019-02-24→ Common Stock (5,113 underlying)
Footnotes (3)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one share of OCN common stock.
- [F2]Shares withheld pursuant to terms of the award to cover tax withholding obligations.
- [F3]On February 24, 2015, the reporting person was granted 15,337 restricted stock units that are scheduled to vest in three annual installments of 5,113, 5,112 and 5,112, respectively, commencing February 24, 2017.