PHH CORP 4
4 · PHH CORP · Filed Sep 25, 2014
Insider Transaction Report
Form 4
PHH CORPPHH
Brown William F
SVP, GC and Secretary
Transactions
- Award
Common Stock
2014-09-23+26,689→ 70,190 total
Footnotes (2)
- [F1]Represents shares of common stock underlying unvested restricted stock units ("RSUs"). Each RSU represents the right to receive one share of PHH Corporation common stock upon vesting. Subject to the continued employment of the recipient with PHH Corporation through the applicable vesting dates, 25% of such RSUs are scheduled to vest on September 23, 2015, 35% of such RSUs are scheduled to vest on September 23, 2016, and 40% of such RSUs are scheduled to vest on September 23, 2017.
- [F2]Includes 26,689 shares of common stock underlying unvested RSUs. Each RSU represents the right to receive one share of common stock upon vesting.