Suter Joseph 4
4 · PHH CORP · Filed Jun 29, 2005
Insider Transaction Report
Form 4
PHH CORPPHH
Suter Joseph
Pres. & CEO-Mortgage Division
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2005-06-28+13,874→ 253,969 totalExercise: $24.99Exp: 2015-06-28→ Common Stock (13,874 underlying) - Award
Common Stock
2005-06-28+6,378→ 45,029 total
Holdings
- 539(indirect: By 401(k))
Common Stock
Footnotes (2)
- [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.
- [F2]Stock option 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.