Filing Details

Accession Number:
0000933136-24-000023
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-03-04 17:59:25
Reporting Period:
2024-02-29
Accepted Time:
2024-03-04 17:59:25
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
933136 Mr. Cooper Group Inc. COOP Finance Services (6199) 911653725
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1543932 K Jesse Bray 8950 Cypress Waters Blvd.
Coppell TX 75019
Chief Executive Officer 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 Disposition 2024-02-29 25,000 $71.61 366,051 No 4 S Indirect By The Jesse K. Bray Living Trust
Common Stock Disposition 2024-02-29 6,420 $0.00 359,631 No 4 G Indirect By The Jesse K. Bray Living Trust
Common Stock Disposition 2024-03-01 92,310 $71.46 792,104 No 4 F Direct
Common Stock Disposition 2024-03-01 19,254 $71.28 772,850 No 4 F Direct
Common Stock Acquisiton 2024-03-01 50,856 $0.00 823,706 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By The Jesse K. Bray Living Trust
No 4 G Indirect By The Jesse K. Bray Living Trust
No 4 F Direct
No 4 F Direct
No 4 A Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock 2024 Performance Stock Units Acquisiton 2024-03-01 50,856 $0.00 50,856 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
50,856 No 4 A Direct
Footnotes
  1. The sales reported on this Form 4 were effected pursuant to a previously announced Rule 10b5-1 trading plan adopted by the Jesse K. Bray Living Trust (the "Trust") on June 14, 2023.
  2. The price reported in Column 4 is a weighted average price; the shares were sold in multiple transactions at prices ranging from $71.15 to $73.13, inclusive. Reporting Person, on behalf of the Trust, undertakes to provide to Issuer, any security holder of Issuer, 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 ranges set forth in this footnote.
  3. Represents a gift (charitable contribution) of shares of common stock to a charitable organization.
  4. Number of shares forfeited to pay tax withholding obligations upon the vesting of restricted stock units ("RSUs") granted by the Issuer under the Nationstar Mortgage Holdings Inc. Second Amended and Restated 2012 Incentive Compensation Plan.
  5. Number of shares forfeited to pay tax withholding obligations upon the vesting of restricted stock units granted by the Issuer under its 2019 Omnibus Incentive Plan.
  6. Represents a RSU award to the Reporting Person pursuant to Issuer's 2019 Omnibus Incentive Plan and is subject to the terms and conditions of the award agreement. Each RSU represents a contingent right to receive one share of Issuer's Common Stock. One-third of such RSUs shall vest on each of the first three anniversaries of the grant date; provided that the executive officer remains continuously employed by the Company through each such applicable vesting date.
  7. Represents a grant of a target number of performance share units ("PSUs") which are eligible to vest and be settled into shares of Common Stock in an amount between 0% and 200% of the target based on achievement of relative total shareholder return and annualized tangible book value growth performance vesting criteria over a period of three years from January 1, 2024 through December 31, 2026, with 100% of the PSUs eligible to vest on the later of (a) the date Issuer's Compensation Committee certifies the achievement of the performance hurdles and (b) March 1, 2027.