Home/Filings/4/0001209191-12-047179
4//SEC Filing

Tucker David E 4

Accession 0001209191-12-047179

CIK 0000077776other

Filed

Sep 30, 8:00 PM ET

Accepted

Oct 1, 5:16 PM ET

Size

8.5 KB

Accession

0001209191-12-047179

Insider Transaction Report

Form 4
Period: 2012-09-27
Tucker David E
EVP, Mortgage
Transactions
  • Award

    Employee Stock Options (right to buy)

    2012-09-27+43,53743,537 total
    Exercise: $20.30From: 2015-09-27Exp: 2022-09-27Common Stock (43,537 underlying)
  • Award

    Performance RSUs

    2012-09-27+22,06822,068 total
    Exp: 2015-09-26Common Stock (22,068 underlying)
Footnotes (1)
  • [F1]Each Performance RSU represents a contingent right to receive one share of PHH Corporation common stock upon vesting. The Performance RSUs will vest on September 26, 2015, if the average of PHH Corporation's common stock price for the 90-day period prior to and including September 26, 2015, equals or exceeds $30.00 per share, subject to equitable adjustment upon the occurrence of certain events. One-third of the Performance RSUs will vest on September 26, 2015, if the average of PHH Corporation's common stock price for the 90-day period prior to and including September 26, 2015, equals or exceeds $25.00 per share and is less than $30.00 per share, subject to equitable adjustment upon the occurrence of certain events. None of the Performance RSUs will vest if the average of PHH Corporation's common stock price for the 90-day period prior to and including September 26, 2015, is less than $25.00 per share, subject to equitable adjustment upon the occurrence of certain events.

Issuer

PHH CORP

CIK 0000077776

Entity typeother

Related Parties

1
  • filerCIK 0001550613

Filing Metadata

Form type
4
Filed
Sep 30, 8:00 PM ET
Accepted
Oct 1, 5:16 PM ET
Size
8.5 KB