Soaries DeForest B. Jr. 4
4 · OCWEN FINANCIAL CORP · Filed Jan 3, 2023
Insider Transaction Report
Form 4
Soaries DeForest B. Jr.
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2023-01-01−1,326→ 0 total→ Common Stock (1,326 underlying) - Exercise/Conversion
Common Stock
2023-01-01+1,326→ 27,202 total
Footnotes (3)
- [F1]On May 11, 2016, the reporting person was granted 1,326 restricted stock units (RSUs) representing a contingent right to receive one share of OCN common stock for no additional consideration which vested on May 11, 2017, with respect to which the underlying shares were not deliverable until January 1, 2023. Share number has been adjusted to give effect to the issuer's one-for-15 reverse stock split effective August 13, 2020.
- [F2]Does not include 4,981 shares underlying vested RSUs which are not settleable until the six-month anniversary of the director's termination of service.
- [F3]Not applicable.