OCWEN FINANCIAL CORP 4
4 · OCWEN FINANCIAL CORP · Filed Aug 26, 2013
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.