| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | OCN | Common Stock | Options Exercise | +4,222 | +77% | 9,710 | 30 Mar 2022 | Direct | F1, F2 | ||
| transaction | OCN | Common Stock | Disposed to Issuer | -4,222 | -43% | 5,488 | 30 Mar 2022 | Direct | F1, F2 |
| 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 | -4,222 | -50% | $0.000000 | 4,222 | 30 Mar 2022 | Common Stock | 4,222 | Direct | F1, F3 |
| Id | Content |
|---|---|
| F1 | On March 30, 2020, the reporting person was granted 12,666 restricted stock units scheduled to vest in three approximately equal installments on the first, second, and third anniversaries of grant. Each restricted stock unit represents a contingent right to receive a cash payment equal to the closing price of one share of OCN common stock on the applicable vesting date. Share number has been adjusted to give effect to the issuer's one-for-15 reverse stock split effective August 13, 2020. The transactions reported on this Form 4 reflect the settlement in cash pursuant to the terms of the award of 4,222 restricted stock units that vested pursuant to the award on March 30, 2022. On March 30, 2022, the closing price of OCN common stock was $24.18. |
| F2 | Includes 3,176 shares held jointly with spouse. |
| F3 | Not applicable |