Kurt G. Johnson - Mar 1, 2023 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, 2023
Transactions value $
-$157,489
Form type
4
Date filed
3/3/2023, 03:19 PM
Previous filing
Dec 29, 2022
Next filing
Mar 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COOP Common Stock Tax liability -$112K -2.41K -4.38% $46.43 52.6K Mar 1, 2023 Direct F1
transaction COOP Common Stock Award $0 +12.9K +24.55% $0.00 65.6K Mar 1, 2023 Direct F2
transaction COOP Common Stock Tax liability -$45.5K -973 -1.48% $46.81 64.6K Mar 2, 2023 Direct F1
* 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 by the Issuer under its 2019 Omnibus Incentive Plan.
F2 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. 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 executive officer remains continuously employed by the Company through each such applicable vesting date.