MOENICKHEIM PETER 4
4 · OCWEN FINANCIAL CORP · Filed Feb 16, 2018
Insider Transaction Report
Form 4
MOENICKHEIM PETER
EVP and Chief Risk Officer
Transactions
- Exercise/Conversion
Common Stock
2018-02-14+5,000→ 5,000 total - Tax Payment
Common Stock
2018-02-14$3.61/sh−1,483$5,354→ 3,517 total - Exercise/Conversion
Restricted Stock Units
2018-02-14−5,000→ 10,000 total→ Common Stock (5,000 underlying)
Footnotes (3)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one share of OCN common stock for no additional consideration.
- [F2]Shares withheld pursuant to terms of the award to cover tax withholding obligations.
- [F3]On February 14, 2017, the reporting person was granted 15,000 restricted stock units scheduled to vest in three equal annual installments commencing February 14, 2018 subject to the reporting person's continued employment. The Restricted Stock Units have no expiration date.