Bourque Michael R Jr 4
4 · OCWEN FINANCIAL CORP · Filed Feb 27, 2018
Insider Transaction Report
Form 4
Bourque Michael R Jr
Executive Vice President & CFO
Transactions
- Exercise/Conversion
Common Stock
2018-02-24+5,112→ 50,006 total - Tax Payment
Common Stock
2018-02-24$3.44/sh−1,516$5,215→ 48,490 total - Exercise/Conversion
Restricted Stock Units
2018-02-24−5,112→ 5,112 total→ Common Stock (5,112 underlying)
Footnotes (3)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one share of OCN common stock for no additional consideration.
- [F2]Shares withheld pursuant to terms of the award to cover tax withholding obligations.
- [F3]On February 24, 2015, the reporting person was granted 15,337 restricted stock units scheduled to vest in three approximately equal annual installments commencing February 24, 2017 subject to the reporting person's continued employment. The Restricted Stock Units have no expiration date.