Nationstar Mortgage Holdings Inc. 4
4 · Nationstar Mortgage Holdings Inc. · Filed May 17, 2016
Insider Transaction Report
Form 4
GIDEL ROBERT H
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2016-05-14−5,472→ 10,963 totalExercise: $0.00→ Common Stock (5,472 underlying) - Exercise/Conversion
Common Stock
2016-05-14+5,472→ 5,472 total
Holdings
- 25,429(indirect: By LLC)
Common Stock
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Common Stock of the Issuer, or in the sole discretion of the Issuer, a cash payment in lieu of all or a portion thereof, and was granted pursuant to the Issuer's Second Amended and Restated 2012 Incentive Compensation Plan. RSUs in respect of 5,472 shares vested on May 14, 2016 and were for shares of Issuer's Common Stock.
- [F2]The reporting person has received an award of RSUs, subject to the terms and conditions of the award agreement, as amended. The RSUs vest over a three-year period, with 33% of the RSUs vesting on each of the first and second anniversaries and 34% vesting on the third anniversary of the grant date, May 14, 2015, subject to the reporting person's continued service as a Director with the Issuer.