4//SEC Filing
OCWEN FINANCIAL CORP 4
Accession 0001225208-13-018541
$ONITCIK 0000873860operating
Filed
Aug 25, 8:00 PM ET
Accepted
Aug 26, 11:13 AM ET
Size
8.5 KB
Accession
0001225208-13-018541
Insider Transaction Report
Form 4
Malik Nikhil
CFO, Ocwen Mortgage Servicing
Transactions
- Exercise/Conversion
Common Stock
2013-08-22$24.38/sh+7,500$182,850→ 7,500 total - Sale
Common Stock
2013-08-22$50.49/sh−7,500$378,665→ 0 total - Exercise/Conversion
Stock Options
2013-08-22−7,500→ 32,500 totalExercise: $24.38Exp: 2022-08-21→ Common Stock (7,500 underlying)
Footnotes (1)
- [F1]25% of the original grant of 40,000 options vest in four equal annual increments, which vesting began on August 21, 2013; 50% of the options vest in four equal annual increments commencing on the date as of which the stock price has at least doubled the exercise price with a 20% or greater annualized rate of return in the stock price measured from the date of grant, which vesting began on August 1, 2013; and 25% of the options vest in four equal annual increments commencing on the date as of which the stock price has at least tripled the exercise price with a 25% or greater annualized rate of return in the stock price measured from the date of grant.
Documents
Issuer
OCWEN FINANCIAL CORP
CIK 0000873860
Entity typeoperating
IncorporatedFL
Related Parties
1- filerCIK 0000873860
Filing Metadata
- Form type
- 4
- Filed
- Aug 25, 8:00 PM ET
- Accepted
- Aug 26, 11:13 AM ET
- Size
- 8.5 KB