Soaries DeForest B. Jr. 4
4 · OCWEN FINANCIAL CORP · Filed May 29, 2020
Insider Transaction Report
Form 4
Soaries DeForest B. Jr.
Director
Transactions
- Award
Common Stock
2020-05-27+135,135→ 289,223 total
Footnotes (2)
- [F1]Consists of restricted stock units representing a contingent right to receive one share of OCN common stock for no additional consideration (RSUs). The RSUs will vest May 27, 2021, subject to certain conditions relating to the reporting person's service as a director of the issuer, and the underlying shares of common stock will be delivered on May 27, 2021.
- [F2]Also includes 12,240 shares underlying previously vested RSUs, and 62,500 shares underlying RSUs vesting May 30, 2020, that in each case will be delivered on the six-month anniversary of the date the reporting person's service on the board of directors terminates, and 19,901 shares underlying previously vested RSUs that will be delivered on January 1, 2023.