Filing Details
- Accession Number:
- 0001209191-15-045000
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-05-20 18:01:27
- Reporting Period:
- 2015-05-18
- Filing Date:
- 2015-05-20
- Accepted Time:
- 2015-05-20 18:01:27
- 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 |
---|---|---|---|---|---|---|---|
1312851 | F William Brown | C/O Phh Corporation 3000 Leadenhall Road Mt. Laurel NJ 08054 | Svp, Gc & Secretary | 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 | 2015-05-18 | 19,320 | $16.55 | 94,941 | No | 4 | M | Direct | |
Common Stock | Disposition | 2015-05-18 | 14,933 | $27.16 | 80,008 | 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 Option (right to buy) | Disposition | 2015-05-18 | 19,320 | $0.00 | 19,320 | $16.55 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2019-03-24 | No | 4 | M | Direct |
Footnotes
- Shares reported in Column 4 were sold to pay the exercise price of the options, certain fees and tax obligations of the reporting person resulting from the exercise of options. The remaining 4,387 shares resulting from the exercise of the options are reflected in Column 5 as securities beneficially owned by the reporting person.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.1500 to $27.2400, 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.
- Includes 32,120 shares of PHH Corporation common stock underlying unvested restricted stock units ("RSUs"). Each RSU represents the right to receive one share of common stock upon vesting.
- 6,440 stock options vested and became exercisable on March 25, 2010, 6,440 stock options vested and became exercisable on March 25, 2011, and 6,440 stock options vested and became exercisable on March 25, 2012; in each case, vesting and ability to exercise was subject to the reporting person's continued employment with PHH Corporation.