Home/Filings/4/0001209191-13-019803
4//SEC Filing

Kilroy George J 4

Accession 0001209191-13-019803

CIK 0000077776other

Filed

Apr 1, 8:00 PM ET

Accepted

Apr 2, 6:08 PM ET

Size

8.5 KB

Accession

0001209191-13-019803

Insider Transaction Report

Form 4
Period: 2013-03-29
Kilroy George J
DirectorPresident and CEO ? PHH Arval
Transactions
  • Award

    Employee Stock Options (right to buy)

    2013-03-29+32,55432,554 total
    Exercise: $21.96From: 2016-03-29Exp: 2023-03-29Common Stock (32,554 underlying)
  • Award

    Performance RSUs

    2013-03-29+16,70616,706 total
    Exp: 2016-03-28Common Stock (16,706 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 March 28, 2016, if the average of PHH Corporation's common stock price for the 90-day period prior to and including March 28, 2016, 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 March 28, 2016, if the average of PHH Corporation's common stock price for the 90-day period prior to and including March 28, 2016, 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 March 28, 2016, 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 0001312900

Filing Metadata

Form type
4
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 6:08 PM ET
Size
8.5 KB