Michael R. Rawls - Mar 1, 2022 Form 4 Insider Report for Mr. Cooper Group Inc. (COOP)

Signature
Katherine K. Connell, Attorney-in-Fact
Stock symbol
COOP
Transactions as of
Mar 1, 2022
Transactions value $
-$888,622
Form type
4
Date filed
3/3/2022, 04:49 PM
Previous filing
Feb 17, 2022
Next filing
Mar 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COOP Common Stock Tax liability -$677K -13.6K -11.43% $49.85 105K Mar 1, 2022 Direct F1
transaction COOP Common Stock Tax liability -$212K -4.17K -3.96% $50.83 101K Mar 1, 2022 Direct F2
transaction COOP Common Stock Award $0 +22.8K +22.56% $0.00 124K Mar 1, 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Number of shares forfeited to pay tax withholding obligations upon the vesting of restricted stock units ("RSUs") granted pursuant to the Nationstar Mortgage Holdings Inc. Second Amended and Restated 2012 Incentive Compensation Plan.
F2 Number of shares forfeited to pay tax withholding obligations upon the vesting of RSUs granted pursuant to Issuer's 2019 Omnibus Incentive Plan.
F3 Represents a RSU award to the Reporting Person pursuant to Issuer's 2019 Omnibus Incentive Plan and is subject to the terms and conditions of the award agreement. 14,756 RSUs represent Reporting Person's annual equity grant; 8,027 RSUs represent a one-time special transactional bonus grant. Each RSU represents a contingent right to receive one share of Issuer's Common Stock. One-third of such RSUs shall vest on each of the first three anniversaries of the grant date, provided that the Reporting Person remains continuously employed by the Company through each such applicable vesting date.