Glen A. Messina - Mar 30, 2022 Form 4 Insider Report for OCWEN FINANCIAL CORP (OCN)

Role: President & CEO
Signature: /s/ Leah E. Hutton, Attorney-in-Fact for Glen A. Messina
Stock symbol: OCN
Transactions as of: Mar 30, 2022
Transactions value $: -$280,125
Form type: 4
Date filed: 4/1/2022, 04:45 PM
Previous filing: Mar 4, 2022
Next filing: Apr 4, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OCN	Common Stock	Options Exercise		+25K	+26.91%		118K	Mar 30, 2022	Direct	F1, F2
transaction	OCN	Common Stock	Tax liability	-$280K	-11.6K	-9.82%	$24.18	106K	Mar 30, 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	-25K	-50%	$0.00	25K	Mar 30, 2022	Common Stock	25K		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.
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 30, 2020, the reporting person was granted 75,000 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. Share number has been adjusted to give effect to the issuer's one-for-15 reverse stock split effective August 13, 2020.
F5	Not applicable.