4//SEC Filing
PHH CORP 4
Accession 0001209191-15-045000
CIK 0000077776operating
Filed
May 19, 8:00 PM ET
Accepted
May 20, 6:01 PM ET
Size
10.0 KB
Accession
0001209191-15-045000
Insider Transaction Report
Form 4
PHH CORPPHH
Brown William F
SVP, GC and Secretary
Transactions
- Exercise/Conversion
Common Stock
2015-05-18$16.55/sh+19,320$319,707→ 94,941 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2015-05-18−19,320→ 0 totalExercise: $16.55Exp: 2019-03-24→ Common Stock (19,320 underlying) - Sale
Common Stock
2015-05-18$27.16/sh−14,933$405,595→ 80,008 total
Footnotes (4)
- [F1]Shares reported in Column 4 were sold to pay the exercise price of the options, certain fees and tax obligations of the reporting person resulting from the exercise of options. The remaining 4,387 shares resulting from the exercise of the options are reflected in Column 5 as securities beneficially owned by the reporting person.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.1500 to $27.2400, inclusive. The reporting person undertakes to provide to PHH Corporation, any security holder of PHH Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
- [F3]Includes 32,120 shares of PHH Corporation common stock underlying unvested restricted stock units ("RSUs"). Each RSU represents the right to receive one share of common stock upon vesting.
- [F4]6,440 stock options vested and became exercisable on March 25, 2010, 6,440 stock options vested and became exercisable on March 25, 2011, and 6,440 stock options vested and became exercisable on March 25, 2012; in each case, vesting and ability to exercise was subject to the reporting person's continued employment with PHH Corporation.
Documents
Issuer
PHH CORP
CIK 0000077776
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0000077776
Filing Metadata
- Form type
- 4
- Filed
- May 19, 8:00 PM ET
- Accepted
- May 20, 6:01 PM ET
- Size
- 10.0 KB