Sean Bradley O'Neil - Jun 13, 2023 Form 4 Insider Report for OCWEN FINANCIAL CORP (OCN)

Role
EVP & Chief Financial Officer
Signature
/s/ Leah E. Hutton, Attorney-in-Fact for Sean B. O'Neil
Stock symbol
OCN
Transactions as of
Jun 13, 2023
Transactions value $
-$202,350
Form type
4
Date filed
6/15/2023, 04:15 PM
Previous filing
Apr 5, 2023
Next filing
Aug 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OCN Common Stock Options Exercise +4.36K 4.36K Jun 13, 2023 Direct F1
transaction OCN Common Stock Tax liability -$51.2K -1.72K -39.34% $29.81 2.65K Jun 13, 2023 Direct F2
transaction OCN Common Stock Options Exercise +12.9K +486.82% 15.5K Jun 13, 2023 Direct F3
transaction OCN Common Stock Tax liability -$151K -5.07K -32.65% $29.81 10.5K Jun 13, 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 -4.36K -33.33% $0.00 8.73K Jun 13, 2023 Common Stock 4.36K Direct F1, F4
transaction OCN Restricted Stock Units Options Exercise $0 -12.9K -25% $0.00 38.7K Jun 13, 2023 Common Stock 12.9K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 13, 2022, the reporting person was granted 13,094 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.
F2 Shares withheld pursuant to terms of the award to cover tax withholding obligations.
F3 On June 13, 2022, the reporting person was granted 51,546 restricted stock units scheduled to vest in four approximately equal annual installments on the first, second, third and fourth anniversaries of grant, subject to the reporting person's continued employment and certain other conditions.
F4 Not applicable.