DeForest B. Soaries Jr. - May 23, 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
May 23, 2023
Transactions value $
$0
Form type
4
Date filed
5/25/2023, 04:30 PM
Previous filing
May 12, 2023
Next filing
May 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OCN Common Stock Award $0 +4.42K +16.26% $0.00 31.6K May 23, 2023 Direct F1, F2
* 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 23, 2024, 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 23, 2024.
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.