Hayden Luke S 4
4 · PHH CORP · Filed May 25, 2010
Insider Transaction Report
Form 4
PHH CORPPHH
Hayden Luke S
EVP-Mortgage
Transactions
- Award
Common Stock
2010-05-24+14,000→ 14,000 total - Award
Non-Qualified Stock Option (right to buy)
2010-05-24+15,000→ 15,000 totalExercise: $20.85Exp: 2020-05-24→ Common Stock (15,000 underlying)
Footnotes (2)
- [F1]Represents an award of restricted stock units that vest in three equal annual installments beginning on May 24, 2011. Each restricted stock unit represents the right to receive one share of PHH Corporation common stock upon vesting.
- [F2]The stock option vests in three equal annual installments beginning on May 24, 2011.