Glen A. Messina - Mar 2, 2022 Form 4 Insider Report for OCWEN FINANCIAL CORP (OCN)

Role
President & CEO, Director
Signature
/s/ Leah E. Hutton, Attorney-in-Fact for Glen A. Messina
Stock symbol
OCN
Transactions as of
Mar 2, 2022
Transactions value $
-$249,683
Form type
4
Date filed
3/4/2022, 03:53 PM
Previous filing
Oct 5, 2021
Next filing
Apr 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OCN Common Stock Options Exercise +19.2K +23.23% 102K Mar 2, 2022 Direct F1, F2
transaction OCN Common Stock Tax liability -$250K -8.9K -8.74% $28.07 92.9K Mar 2, 2022 Direct F2, F3

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 -19.2K -33.33% $0.00 38.4K Mar 2, 2022 Common Stock 19.2K Direct F1, F4, F5
* 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 Includes 20,554 shares held jointly with spouse.
F3 Shares withheld pursuant to terms of the award to cover tax withholding obligations.
F4 On March 2, 2021, the reporting person was granted 57,586 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.
F5 Not applicable.