Home/Filings/4/0001209191-12-047184
4//SEC Filing

Bradfield Richard J. 4

Accession 0001209191-12-047184

CIK 0000077776other

Filed

Sep 30, 8:00 PM ET

Accepted

Oct 1, 5:19 PM ET

Size

8.5 KB

Accession

0001209191-12-047184

Insider Transaction Report

Form 4
Period: 2012-09-27
Bradfield Richard J.
SVP and Treasurer
Transactions
  • Award

    Performance RSUs

    2012-09-27+12,59812,598 total
    Exp: 2015-09-26Common Stock (12,598 underlying)
  • Award

    Employee Stock Options (right to buy)

    2012-09-27+24,85424,854 total
    Exercise: $20.30From: 2015-09-27Exp: 2022-09-27Common Stock (24,854 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 0001544693

Filing Metadata

Form type
4
Filed
Sep 30, 8:00 PM ET
Accepted
Oct 1, 5:19 PM ET
Size
8.5 KB