Dennis Zeleny - Mar 2, 2023 Form 4 Insider Report for OCWEN FINANCIAL CORP (OCN)

Role
EVP & Chief Admin. Officer
Signature
/s/ Leah E. Hutton, Attorney-in-Fact for Dennis Zeleny
Stock symbol
OCN
Transactions as of
Mar 2, 2023
Transactions value $
-$36,523
Form type
4
Date filed
3/6/2023, 04:30 PM
Previous filing
Aug 2, 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 +2.32K +138.21% 3.99K Mar 2, 2023 Direct F1
transaction OCN Common Stock Tax liability -$36.5K -1.19K -29.87% $30.64 2.8K 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 -2.32K -49.99% $0.00 2.32K Mar 2, 2023 Common Stock 2.32K 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 6,946 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.
F4 Not applicable.