Jacques J. Busquet - 16 Aug 2021 Form 4 Insider Report for OCWEN FINANCIAL CORP (ONIT)

Role
Director
Signature
/s/ Leah E. Hutton, Attorney-in-Fact for Jacques J. Busquet
Issuer symbol
ONIT
Transactions as of
16 Aug 2021
Net transactions value
+$115,000
Form type
4
Filing time
17 Aug 2021, 16:15:43 UTC
Previous filing
27 May 2021
Next filing
27 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OCN Common Stock Purchase $57,800 +2,000 +9.1% $28.90 23,862 16 Aug 2021 Direct F1, F2
transaction OCN Common Stock Purchase $28,650 +1,000 +4.2% $28.65 24,862 16 Aug 2021 Direct F2
transaction OCN Common Stock Purchase $28,550 +1,000 +4% $28.55 25,862 16 Aug 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1,000 shares purchased jointly with spouse.
F2 Includes 3,071 restricted stock units representing a contingent right to receive one share of OCN common stock for no additional consideration (RSUs) that will vest May 25, 2022, subject to certain conditions relating to the reporting person's service as a director of the issuer. Also includes 1,000 shares held jointly with spouse. Does not include 4,166 shares underlying vested RSUs which will be delivered on June 1, 2022. All share numbers have been adjusted to give effect to the issuer's one-for-15 reverse stock split effective August 13, 2020.