Scott William Anderson - Mar 2, 2023 Form 4 Insider Report for OCWEN FINANCIAL CORP (OCN)

Signature
/s/ Leah E. Hutton, Attorney-in-Fact for Scott Anderson
Stock symbol
OCN
Transactions as of
Mar 2, 2023
Transactions value $
-$31,253
Form type
4
Date filed
3/6/2023, 04:24 PM
Previous filing
Apr 4, 2022
Next filing
Apr 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OCN Common Stock Options Exercise +2.29K +17.12% 15.6K Mar 2, 2023 Direct F1
transaction OCN Common Stock Tax liability -$31.3K -1.02K -6.53% $30.64 14.6K Mar 2, 2023 Direct 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 -2.29K -50% $0.00 2.29K Mar 2, 2023 Common Stock 2.29K Direct F1, F3, F4
* 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 Shares withheld pursuant to terms of the award to cover tax withholding obligations.
F3 On March 2, 2021, the reporting person was granted 6,855 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 and certain other conditions.
F4 Not applicable.