GIDEL ROBERT H 4
4 · Nationstar Mortgage Holdings Inc. · Filed May 16, 2018
Insider Transaction Report
Form 4
GIDEL ROBERT H
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2018-05-14−5,490→ 0 totalExercise: $0.00→ Common Stock (5,490 underlying) - Exercise/Conversion
Common Stock
2018-05-14+5,490→ 5,490 total
Holdings
- 36,374(indirect: By LLC)
Common Stock
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Common Stock of the Issuer, or in the sole discretion of the Issuer, a cash payment in lieu of all or a portion thereof, and was granted pursuant to the Issuer's Second Amended and Restated 2012 Incentive Compensation Plan. RSUs in respect of 5,490 shares vested on May 14, 2018 and were settled for shares of Issuer's Common Stock.
- [F2]The reporting person has received an award of RSUs, subject to the terms and conditions of the award agreement, as amended. The RSUs vest over a three-year period, with 33% of the RSUs vesting on each of the first and second anniversaries and 34% vesting on the third anniversary of the grant date, May 14, 2015, subject to the reporting person's continued service as a Director with the Issuer.