George T. Henley - 02 Mar 2023 Form 4 Insider Report for OCWEN FINANCIAL CORP (ONIT)

Role: EVP & Chief Growth Officer
Signature: /s/ Leah E. Hutton, Attorney-in-Fact for George T. Henley
Issuer symbol: ONIT
Transactions as of: 02 Mar 2023
Net transactions value: -$41,670
Form type: 4
Filing time: 06 Mar 2023, 16:24:34 UTC
Previous filing: 26 May 2022
Next filing: 03 Apr 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OCN	Common Stock	Options Exercise		+3,047	+83%		6,713	02 Mar 2023	Direct	F1, F2
transaction	OCN	Common Stock	Tax liability	$41,670	-1,360	-20%	$30.64	5,353	02 Mar 2023	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	-3,047	-50%	$0.000000	3,047	02 Mar 2023	Common Stock	3,047		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 on the vesting date.
F2	Includes 1,980 shares held with spouse.
F3	Shares withheld pursuant to terms of the award to cover tax withholding obligations.
F4	On March 2, 2021, the reporting person was granted 9,140 restricted stock units scheduled to vest in three approximately equal annual installments on the first, second, and third anniversaries of grant, subject to the reporting person's continued employment and certain other conditions.
F5	Not applicable.