Joseph B. Long - Mar 2, 2022 Form 4 Insider Report for OCWEN FINANCIAL CORP (OCN)

Role: EVP, Capital Markets
Signature: /s/ Leah E. Hutton, Attorney-in-Fact for Joseph B. Long
Stock symbol: OCN
Transactions as of: Mar 2, 2022
Transactions value $: -$17,179
Form type: 4
Date filed: 3/4/2022, 03:52 PM
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		+1.37K	+135.21%		2.39K	Mar 2, 2022	Direct	F1
transaction	OCN	Common Stock	Tax liability	-$17.2K	-612	-25.66%	$28.07	1.77K	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	-1.37K	-33.33%	$0.00	2.74K	Mar 2, 2022	Common Stock	1.37K		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 4,113 restricted stock units scheduled to vest in three 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.