Britti John V. 4
4 · OCWEN FINANCIAL CORP · Filed Nov 16, 2021
Insider Transaction Report
Form 4
Britti John V.
EVP and CFO
Transactions
- Exercise/Conversion
Common Stock
2021-11-15+6,976→ 18,751 total - Tax Payment
Common Stock
2021-11-15$34.21/sh−3,146$107,625→ 15,605 total - Exercise/Conversion
Restricted Stock Units
2021-11-15−6,976→ 0 total→ Common Stock (6,976 underlying)
Footnotes (4)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one share of OCN common stock.
- [F2]Shares withheld pursuant to terms of the award to cover tax withholding obligations.
- [F3]On November 15, 2018 the reporting person was granted 11,627 restricted stock units scheduled to vest in annual installments of 2,325, 2,326 and 6,976, commencing November 15, 2019, subject to the reporting person's continued employment. Share number has been adjusted to give effect to the issuer's one-for-15 reverse stock split effective August 13, 2020.
- [F4]The Restricted Stock Units have no expiration date.