Filing Details
- Accession Number:
- 0001225208-13-018541
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-08-26 11:13:01
- Reporting Period:
- 2013-08-22
- Filing Date:
- 2013-08-26
- Accepted Time:
- 2013-08-26 11:13:01
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
873860 | Ocwen Financial Corp | OCN | Mortgage Bankers & Loan Correspondents (6162) | 650039856 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1574518 | Nikhil Malik | 402 Strand Street Frederiksted VI 00840 | Cfo, Ocwen Mortgage Servicing | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2013-08-22 | 7,500 | $24.38 | 7,500 | No | 4 | M | Direct | |
Common Stock | Disposition | 2013-08-22 | 7,500 | $50.49 | 0 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Stock Options | Disposition | 2013-08-22 | 7,500 | $0.00 | 7,500 | $24.38 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
32,500 | 2022-08-21 | No | 4 | M | Direct |
Footnotes
- 25% of the original grant of 40,000 options vest in four equal annual increments, which vesting began on August 21, 2013; 50% of the options vest in four equal annual increments commencing on the date as of which the stock price has at least doubled the exercise price with a 20% or greater annualized rate of return in the stock price measured from the date of grant, which vesting began on August 1, 2013; and 25% of the options vest in four equal annual increments commencing on the date as of which the stock price has at least tripled the exercise price with a 25% or greater annualized rate of return in the stock price measured from the date of grant.