Orner Michael 4
4 · PHH CORP · Filed Jun 29, 2005
Insider Transaction Report
Form 4
PHH CORPPHH
Orner Michael
Vice President and Controller
Transactions
- Award
Common Stock
2005-06-28+4,802→ 4,802 total
Footnotes (1)
- [F1]Represents an award of restricted stock units that vests annually in three equal installments beginning on June 28, 2009, subject to potential acceleration of vesting of the total award in 25% increments upon the achievement of financial performance targets for each of the four fiscal years ending prior to June 28, 2009.