Filing Details

Accession Number:
0001104659-17-028029
Form Type:
4/A
Zero Holdings:
No
Publication Time:
2017-04-28 17:59:54
Reporting Period:
2017-04-20
Filing Date:
2017-04-28
Accepted Time:
2017-04-28 17:59:54
Original Submission Date:
2017-04-26
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
1298648 John Devaney 240 Crandon Boulevard
Suite 167
Key Biscayne FL 33149
No No Yes 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 Disposition 2017-04-20 11,900 $4.12 12,402,476 No 4 S Indirect See Footnote
Common Stock Disposition 2017-04-20 28,061 $4.12 12,374,415 No 4 S Indirect See Footnote
Common Stock Acquisiton 2017-04-20 50,000 $4.06 12,424,415 No 4 P Indirect See Footnote
Common Stock Disposition 2017-04-20 23,300 $4.02 12,401,115 No 4 S Indirect See Footnote
Common Stock Disposition 2017-04-20 106,694 $4.00 12,294,421 No 4 S Indirect See Footnote
Common Stock Disposition 2017-04-20 212,907 $3.66 12,081,514 No 4 S Indirect See Footnote
Common Stock Acquisiton 2017-04-20 150,000 $3.57 12,231,514 No 4 P Indirect See Footnote
Common Stock Acquisiton 2017-04-20 171,016 $3.22 12,402,530 No 4 P Indirect See Footnote
Common Stock Disposition 2017-04-20 2,345,393 $2.47 10,057,137 No 4 S Indirect See Footnote
Common Stock Acquisiton 2017-04-20 2,669,193 $2.59 12,726,330 No 4 P Indirect See Footnote
Common Stock Disposition 2017-04-21 500,000 $2.65 12,226,330 No 4 S Indirect See Footnote
Common Stock Disposition 2017-04-21 175,000 $2.65 12,051,330 No 4 S Indirect See Footnote
Common Stock Acquisiton 2017-04-21 350,000 $2.47 12,401,330 No 4 P Indirect See Footnote
Common Stock Acquisiton 2017-04-21 368,000 $2.54 12,769,330 No 4 P Indirect See Footnote
Common Stock Disposition 2017-04-21 340,000 $2.61 12,429,330 No 4 S Indirect See Footnote
Common Stock Disposition 2017-04-21 410,000 $2.61 12,019,330 No 4 S Indirect See Footnote
Common Stock Acquisiton 2017-04-21 378,505 $2.69 12,397,835 No 4 P Indirect See Footnote
Common Stock Acquisiton 2017-04-21 165,220 $2.59 12,563,055 No 4 P Indirect See Footnote
Common Stock Disposition 2017-04-21 50,000 $2.37 12,513,055 No 4 S Indirect See Footnote
Common Stock Disposition 2017-04-21 125,518 $2.39 12,387,537 No 4 S Indirect See Footnote
Common Stock Disposition 2017-04-21 900,000 $2.41 11,487,537 No 4 S Indirect See Footnote
Common Stock Disposition 2017-04-21 574,482 $2.41 10,913,055 No 4 S Indirect See Footnote
Common Stock Acquisiton 2017-04-21 1,188,000 $3.50 12,101,055 No 4 X Indirect See Footnote
Common Stock Acquisiton 2017-04-21 153,100 $3.50 12,254,155 No 4 X Indirect See Footnote
Common Stock Acquisiton 2017-04-21 929,600 $3.00 13,183,755 No 4 X Indirect See Footnote
Common Stock Disposition 2017-04-24 810,000 $2.26 12,373,755 No 4 S Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See Footnote
No 4 S Indirect See Footnote
No 4 P Indirect See Footnote
No 4 S Indirect See Footnote
No 4 S Indirect See Footnote
No 4 S Indirect See Footnote
No 4 P Indirect See Footnote
No 4 P Indirect See Footnote
No 4 S Indirect See Footnote
No 4 P Indirect See Footnote
No 4 S Indirect See Footnote
No 4 S Indirect See Footnote
No 4 P Indirect See Footnote
No 4 P Indirect See Footnote
No 4 S Indirect See Footnote
No 4 S Indirect See Footnote
No 4 P Indirect See Footnote
No 4 P Indirect See Footnote
No 4 S Indirect See Footnote
No 4 S Indirect See Footnote
No 4 S Indirect See Footnote
No 4 S Indirect See Footnote
No 4 X Indirect See Footnote
No 4 X Indirect See Footnote
No 4 X Indirect See Footnote
No 4 S Indirect See Footnote
Footnotes
  1. The price reported for this transaction is the weighted average price of multiple acquisition trades at prices ranging from $2.22 to $4.06 and disposition trades at prices ranging from $2.20 to 4.13. Mr. Devaney hereby undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
  2. The reported securities are owned indirectly by D. John Devaney ("Devaney"). Devaney controls United Real Estate Ventures, Inc. ("UREVI"), the entity that purchased or sold the shares of the issuer's common stock in the reported transactions. Prior to the transactions reported on this Form 4, Devaney directly, through personal accounts and retirement accounts, and indirectly, through United Aviation Holdings, Inc. ("UAHI"), United Capital Markets, Inc. ("UCMI"), United Capital Markets Holdings, Inc. ("UCMHI"), and UREVI, all entities controlled by Devaney, beneficially owned 12,414,376 shares of the issuer's common stock.
  3. The reported securities are owned indirectly by Devaney. Devaney controls UCMI, the entity that purchased or sold the shares of the issuer's common stock in the reported transactions. Prior to the transactions reported on this Form 4, Devaney directly, through personal accounts and retirement accounts, and indirectly, through UAHI, UCMI, UCMHI, and UREVI, all entities controlled by Devaney, beneficially owned 12,414,376 shares of the issuer's common stock.
  4. The reported securities are owned directly by Devaney, who purchased or sold the shares of the issuer's common stock in the reported transactions. Prior to the transactions reported on this Form 4, Devaney directly, through personal accounts and retirement accounts, and indirectly, through UAHI, UCMI, UCMHI, and UREVI, all entities controlled by Devaney, beneficially owned 12,414,376 shares of the issuer's common stock.
  5. Transaction occurred at a time when Mr. Devaney's beneficial ownership was under 10% of the outstanding class of common stock.
  6. This amendment to the Form 4 filed by John Devaney on April 26, 2017 and dated April 25, 2017, is being filed to check the exit box to indicate that as of the last reported transaction, Mr. Devaney no longer beneficially owned more than 10% of the common stock of Ocwen Financial Corporation and to correct the date of the last reported transaction.