Key facts
- This page summarizes Alberino J. Celini's Form 4 filing for OCWEN FINANCIAL CORP (ONIT).
- 6 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 31 Mar 2022, 16:15.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Options Exercise
Disposed to Issuer
Options Exercise
Disposed to Issuer
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Options Exercise
Options Exercise
Additional SEC filing notes
Footnote F1
On March 29, 2019, the reporting person was granted 2,747 restricted stock units scheduled to vest in three approximately equal annual installments on the first, second, and third anniversaries of grant. Each restricted stock unit represents a contingent right to receive a cash payment equal to the closing price of one share of OCN common stock on the applicable vesting date. Share number has been adjusted to give effect to the issuer's one-for-15 reverse stock split effective August 13, 2020. The transactions reported on this Form 4 reflect the settlement in cash pursuant to the terms of the award of 916 restricted stock units that vested pursuant to the award on March 29, 2022. On March 29, 2022, the closing price of OCN common stock was $24.91.
Footnote F2
On March 30, 2020, the reporting person was granted 6,600 restricted stock units scheduled to vest in three approximately equal installments on the first, second, and third anniversaries of grant. Each restricted stock unit represents a contingent right to receive a cash payment equal to the closing price of one share of OCN common stock on the applicable vesting date. Share number has been adjusted to give effect to the issuer's one-for-15 reverse stock split effective August 13, 2020. The transactions reported on this Form 4 reflect the settlement in cash pursuant to the terms of the award of 2,200 restricted stock units that vested pursuant to the award on March 30, 2022. On March 30, 2022, the closing price of OCN common stock was $24.18.
Footnote F3
Not applicable.