DeForest B. Soaries Jr. - Jan 1, 2023 Form 4 Insider Report for OCWEN FINANCIAL CORP (OCN)

Role
Director
Signature
/s/ Leah E. Hutton, Attorney-in-Fact for DeForest B. Soaries, Jr.
Stock symbol
OCN
Transactions as of
Jan 1, 2023
Transactions value $
$0
Form type
4
Date filed
1/3/2023, 03:48 PM
Previous filing
May 27, 2022
Next filing
May 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OCN Common Stock Options Exercise +1.33K +5.12% 27.2K Jan 1, 2023 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 Options Exercise $0 -1.33K -100% $0.00* 0 Jan 1, 2023 Common Stock 1.33K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 11, 2016, the reporting person was granted 1,326 restricted stock units (RSUs) representing a contingent right to receive one share of OCN common stock for no additional consideration which vested on May 11, 2017, with respect to which the underlying shares were not deliverable until January 1, 2023. Share number has been adjusted to give effect to the issuer's one-for-15 reverse stock split effective August 13, 2020.
F2 Does not include 4,981 shares underlying vested RSUs which are not settleable until the six-month anniversary of the director's termination of service.
F3 Not applicable.