PHH CORP 4
4 · PHH CORP · Filed Feb 27, 2015
Insider Transaction Report
Form 4
PHH CORPPHH
Brown William F
SVP, GC and Secretary
Transactions
- Award
Common Stock
2015-02-25+5,431→ 75,621 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, 1/3 of such RSUs are scheduled to vest on February 25, 2016, 1/3 of such RSUs are scheduled to vest on February 25, 2017, and 1/3 of such RSUs are scheduled to vest on February 25, 2018.
- [F2]Includes 32,120 shares of common stock underlying unvested RSUs. Each RSU represents the right to receive one share of common stock upon vesting.