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
  1. 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.
  2. 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.
  3. 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.
  4. 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.