Sean B. O'Neil - 13 Jun 2023 Form 4 Insider Report for OCWEN FINANCIAL CORP (ONIT)

Role
EVP & Chief Financial Officer
Signature
/s/ Leah E. Hutton, Attorney-in-Fact for Sean B. O'Neil
Issuer symbol
ONIT
Transactions as of
13 Jun 2023
Net transactions value
-$202,350
Form type
4
Filing time
15 Jun 2023, 16:15:21 UTC
Previous filing
05 Apr 2023
Next filing
02 Aug 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 +4,364 4,364 13 Jun 2023 Direct F1
transaction OCN Common Stock Tax liability $51,184 -1,717 -39% $29.81 2,647 13 Jun 2023 Direct F2
transaction OCN Common Stock Options Exercise +12,886 +487% 15,533 13 Jun 2023 Direct F3
transaction OCN Common Stock Tax liability $151,167 -5,071 -33% $29.81 10,462 13 Jun 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 -4,364 -33% $0.000000 8,730 13 Jun 2023 Common Stock 4,364 Direct F1, F4
transaction OCN Restricted Stock Units Options Exercise $0 -12,886 -25% $0.000000 38,660 13 Jun 2023 Common Stock 12,886 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.