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
- 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.
- 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.
- 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.
- 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.
- Transaction occurred at a time when Mr. Devaney's beneficial ownership was under 10% of the outstanding class of common stock.
- 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.