4//SEC Filing
Tucker David E 4
Accession 0001209191-13-019811
CIK 0000077776other
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 6:10 PM ET
Size
8.5 KB
Accession
0001209191-13-019811
Insider Transaction Report
Form 4
PHH CORPPHH
Tucker David E
EVP, Mortgage
Transactions
- Award
Employee Stock Options (right to buy)
2013-03-29+41,739→ 41,739 totalExercise: $21.96From: 2016-03-29Exp: 2023-03-29→ Common Stock (41,739 underlying) - Award
Performance RSUs
2013-03-29+21,420→ 21,420 totalExp: 2016-03-28→ Common Stock (21,420 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.
Documents
Issuer
PHH CORP
CIK 0000077776
Entity typeother
Related Parties
1- filerCIK 0001550613
Filing Metadata
- Form type
- 4
- Filed
- Apr 1, 8:00 PM ET
- Accepted
- Apr 2, 6:10 PM ET
- Size
- 8.5 KB