John V. Britti - Mar 2, 2022 Form 4 Insider Report for OCWEN FINANCIAL CORP (OCN)

Role
EVP & Chief Investment Officer
Signature
/s/ Leah E. Hutton, Attorney-in-Fact for John V. Britti
Stock symbol
OCN
Transactions as of
Mar 2, 2022
Transactions value $
-$20,435
Form type
4
Date filed
3/4/2022, 03:48 PM
Previous filing
Nov 16, 2021
Next filing
Mar 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OCN Common Stock Options Exercise +2.06K +13.18% 17.7K Mar 2, 2022 Direct F1
transaction OCN Common Stock Tax liability -$20.4K -728 -4.12% $28.07 16.9K Mar 2, 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction OCN Restricted Stock Units Options Exercise $0 -2.06K -33.32% $0.00 4.11K Mar 2, 2022 Common Stock 2.06K Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of OCN common stock on the vesting date.
F2 Shares withheld pursuant to terms of the award to cover tax withholding obligations.
F3 On March 2, 2021, the reporting person was granted 6,170 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.
F4 Not applicable.