Phyllis R. Caldwell - May 25, 2022 Form 4 Insider Report for OCWEN FINANCIAL CORP (OCN)

Role
Director
Signature
/s/ Leah E. Hutton, Attorney-in-Fact for Phyllis R. Caldwell
Stock symbol
OCN
Transactions as of
May 25, 2022
Transactions value $
$0
Form type
4
Date filed
5/27/2022, 04:16 PM
Previous filing
May 25, 2022
Next filing
May 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OCN Common Stock Award $0 +2.38K +7.66% $0.00 33.5K May 25, 2022 Direct F1, 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 Award $0 +2.38K $0.00 2.38K May 25, 2022 Common Stock 2.38K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of restricted stock units representing a contingent right to receive one share of OCN common stock for no additional consideration (RSUs). The RSUs will vest May 25, 2023, subject to certain conditions relating to the reporting person's service as a director of the issuer, and the underlying shares of common stock will be delivered on May 25, 2023.
F2 Does not include 2,383 shares underlying RSUs that will vest May 25, 2023, subject to certain conditions, which are not settleable until the six-month anniversary of the director's termination of service.
F3 On May 25, 2022, the reporting person was granted 2,383 RSUs that will vest May 25, 2023, subject to certain conditions, with respect to which the underlying shares are not settleable until the six-month anniversary of the director's termination of service.
F4 Not applicable