4//SEC Filing
Yanoti Timothy J 4
Accession 0001493152-19-004757
CIK 0000873860other
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 6:52 PM ET
Size
8.4 KB
Accession
0001493152-19-004757
Insider Transaction Report
Form 4
Yanoti Timothy J
EVP & Chief Growth Officer
Transactions
- Award
Restricted Stock Units
2019-03-29+137,363→ 137,363 total→ Common Stock (137,363 underlying) - Award
Restricted Stock Units
2019-03-29+137,362→ 137,362 total→ Common Stock (137,362 underlying)
Footnotes (3)
- [F1]Each Restricted Stock Unit represents a contingent right to receive a cash payment equal to the closing price of one share of OCN common stock on the applicable vesting date.
- [F2]On March 29, 2019, the reporting person was granted 137,363 restricted stock units subject to both a performance-based condition and a time-based vesting schedule. The target number of units subject to the award is reported above. Between 0% and 200% of the target number of units will be eligible to vest on March 29, 2022 based on the extent to which a pre-established absolute total shareholder return level is met.
- [F3]On March 29, 2019, the reporting person was granted 137,362 restricted stock units scheduled to vest in three approximately equal annual installments on the first, second and third anniversaries of grant.
Documents
Issuer
OCWEN FINANCIAL CORP
CIK 0000873860
Entity typeother
Related Parties
1- filerCIK 0001759735
Filing Metadata
- Form type
- 4
- Filed
- Apr 1, 8:00 PM ET
- Accepted
- Apr 2, 6:52 PM ET
- Size
- 8.4 KB