4//SEC Filing
Yanoti Timothy J 4
Accession 0001493152-20-005470
CIK 0000873860other
Filed
Mar 30, 8:00 PM ET
Accepted
Mar 31, 4:15 PM ET
Size
9.9 KB
Accession
0001493152-20-005470
Insider Transaction Report
Form 4
Yanoti Timothy J
EVP & Chief Growth Officer
Transactions
- Exercise/Conversion
Common Stock
2020-03-29+45,787→ 93,186 total - Exercise/Conversion
Restricted Stock Units
2020-03-29−45,787→ 91,575 total→ Common Stock (45,787 underlying) - Disposition to Issuer
Common Stock
2020-03-29−45,787→ 47,399 total
Holdings
- 10,000(indirect: By Spouse)
Common Stock
Footnotes (2)
- [F1]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. 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. The transactions reported on this Form 4 reflect the settlement in cash pursuant to the terms of the award of 45,787 restricted stock units that vested pursuant to the award on March 29, 2020. On March 27, 2020, the last trading day prior to the vesting date of March 29, 2020, the closing price of OCN common stock was $0.57.
- [F2]Not applicable.
Documents
Issuer
OCWEN FINANCIAL CORP
CIK 0000873860
Entity typeother
Related Parties
1- filerCIK 0001759735
Filing Metadata
- Form type
- 4
- Filed
- Mar 30, 8:00 PM ET
- Accepted
- Mar 31, 4:15 PM ET
- Size
- 9.9 KB