4//SEC Filing
Grunenwald Francois 4
Accession 0001493152-24-013361
CIK 0000873860other
Filed
Apr 4, 8:00 PM ET
Accepted
Apr 5, 5:00 PM ET
Size
9.3 KB
Accession
0001493152-24-013361
Insider Transaction Report
Form 4
Grunenwald Francois
Chief Accounting Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-04-03−1,177→ 2,355 total→ Common Stock (1,177 underlying) - Disposition to Issuer
Common Stock
2024-04-03−1,177→ 0 total - Exercise/Conversion
Common Stock
2024-04-03+1,177→ 1,177 total
Footnotes (2)
- [F1]On April 3, 2023, the reporting person was granted 3,532 restricted stock units scheduled to vest in three approximately equal annual installments on the first, second, and third anniversaries of grant, subject to the reporting person's continued employment and certain other conditions. 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 vesting date. The transaction reported reflects the settlement in cash pursuant to the terms of the award of 1,177 restricted stock units that vested pursuant to the award on April 3, 2024. On April 3, 2024, the closing price of OCN common stock was $24.84.
- [F2]Not applicable.
Documents
Issuer
OCWEN FINANCIAL CORP
CIK 0000873860
Entity typeother
Related Parties
1- filerCIK 0001785585
Filing Metadata
- Form type
- 4
- Filed
- Apr 4, 8:00 PM ET
- Accepted
- Apr 5, 5:00 PM ET
- Size
- 9.3 KB