Filing Details

Accession Number:
0001209191-14-052528
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-08-14 21:06:45
Reporting Period:
2014-08-12
Filing Date:
2014-08-14
Accepted Time:
2014-08-14 21:06:45
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
77776 Phh Corp PHH Miscellaneous Business Credit Institution (6159) 520551284
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1525371 A. Glen Messina C/O Phh Corporation
3000 Leadenhall Road
Mount Laurel NJ 08054
President And Ceo Yes 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 2014-08-12 112,182 $18.53 138,556 No 4 M Direct
Common Stock Disposition 2014-08-12 100,000 $23.63 38,556 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 Non-Qualified Stock Options (right to buy) Disposition 2014-08-12 112,182 $0.00 112,182 $18.53
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
72,818 2021-07-28 No 4 M Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.51 to $23.93, inclusive. The reporting person undertakes to provide to PHH Corporation, any security holder of PHH Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
  2. 61,667 stock options vested and became exercisable on July 28, 2012, 61,667 stock options vested and became exercisable on July 28, 2013, and 61,666 stock options vested and became exercisable on July 28, 2014; in each case, vesting and ability to exercise was subject to Mr. Messina's continued employment with PHH Corporation.