June C. Campbell - 31 Mar 2022 Form 4 Insider Report for OCWEN FINANCIAL CORP (ONIT)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
04 Apr 2022, 17:24:39 UTC
Prior SEC filing
01 Apr 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Leah E. Hutton, Attorney-in-Fact for June C. Campbell

Key filing fact

June C. Campbell filed Form 4 for OCWEN FINANCIAL CORP (ONIT) on 04 Apr 2022.

Key facts

  • This page summarizes June C. Campbell's Form 4 filing for OCWEN FINANCIAL CORP (ONIT).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 04 Apr 2022, 17:24.

Change

  • Previous filing in this sequence was filed on 01 Apr 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

OCN transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+6,985
Change %
Price
$0.000000
Shares after
6,985
Date
31 Mar 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,985
Exercise price
Footnotes
F1, F2, F3
OCN transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+6,985
Change %
Price
$0.000000
Shares after
6,985
Date
31 Mar 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,985
Exercise price
Footnotes
F1, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Each restricted stock unit represents a contingent right to receive one share of OCN common stock on the vesting date.

Footnote F2

On March 31, 2022, the reporting person was granted 6,985 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.

Footnote F3

Not applicable.

Footnote F4

On March 31, 2022, the reporting person was granted 6,985 restricted stock units subject to both a performance-based condition and a time-based vesting schedule. The target number of units subject to the award is reported above. Between 0% and 200% of the target number of units will be eligible to vest on March 31, 2025 based on the relative ranking of the Issuer's absolute total shareholder return compared to the absolute total shareholder return of companies within the Issuer's pre-established peer group at designated measurement periods.

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