Filing Details

Accession Number:
0001144204-14-042418
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-07-10 21:20:42
Reporting Period:
2014-07-08
Filing Date:
2014-07-10
Accepted Time:
2014-07-10 21:20:42
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
77776 Phh Corp PHH Miscellaneous Business Credit Institution (6159) 520551284
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1255159 C Kenneth Griffin C/O Citadel Gp Llc
131 S. Dearborn Street, 32Nd Floor
Chicago IL 60603
No No Yes No
1423052 Citadel Gp Llc 131 S. Dearborn Street, 32Nd Fl
Chicago IL 60603
No No Yes No
1588930 Ltd. Capital Surveyor 131 S. Dearborn St.
32Nd Floor
Chicago IL 60603
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 Acquisiton 2014-07-08 96,600 $23.89 2,162 No 4 P Indirect See footnotes
Common Stock Disposition 2014-07-08 102,280 $23.88 2,162 No 4 S Indirect See footnotes
Common Stock Acquisiton 2014-07-08 410,802 $23.84 4,139,995 No 4 P Indirect See footnotes
Common Stock Acquisiton 2014-07-08 6,378 $23.96 0 No 4 P Indirect See footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See footnotes
No 4 S Indirect See footnotes
No 4 P Indirect See footnotes
No 4 P Indirect See footnotes
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Call Option: PHH140719C25 [option to purchase] Acquisiton 2014-07-08 10 $0.20 1,000 $25.00
Common Stock Call Option: PHH140816C25 [option to purchase] Acquisiton 2014-07-08 4 $0.75 400 $25.00
Common Stock Call Option: PHH140816C25 [option to purchase] Acquisiton 2014-07-08 20 $0.70 2,000 $25.00
Common Stock Call Option: PHH140816C30 [obligation to sell] Acquisiton 2014-07-08 23 $0.05 2,300 $30.00
Common Stock Put Option: PHH140816P25 [option to sell] Acquisiton 2014-07-08 1 $1.70 100 $25.00
Common Stock Put Option: PHH140816P25 [option to sell] Acquisiton 2014-07-08 1 $1.65 100 $25.00
Common Stock Call Option: PHH141122C25 [obligation to sell] Acquisiton 2014-07-08 4 $1.70 400 $25.00
Common Stock Call Option: PHH141122C22.5 [option to purchase] Acquisiton 2014-07-08 4 $1.40 400 $22.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
57 2014-07-19 No 4 P Indirect
165 2014-08-19 No 4 S Indirect
185 2014-08-19 No 4 P Indirect
529 2014-08-19 No 4 P Indirect
1 2014-08-19 No 4 P Indirect
0 2014-08-19 No 4 S Indirect
234 2014-11-19 No 4 P Indirect
7 2014-11-19 No 4 P Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 54,146 Indirect See footnotes
Common Stock 1 Indirect See footnotes
Footnotes
  1. This security is owned by Citadel Equity Fund, Ltd. ("CEF").
  2. This security is owned by Citadel Global Equities Master Fund Ltd. ("CG").
  3. This security is owned by Citadel Securities LLC ("CS").
  4. This security is owned by Surveyor Capital Ltd. ("Surveyor").
  5. This security is owned by Citadel Quantitative Strategies Master Fund Ltd. ("CQ").
  6. This price represents the weighted average purchase price. The purchase prices for these transactions ranged from $23.62 to $24.09. The Reporting Person undertakes to provide upon the request of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.
  7. This price represents the weighted average sale price. The sale prices for these transactions ranged from $23.63 to $24.09. The Reporting Person undertakes to provide upon the request of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  8. This price represents the weighted average purchase price. The purchase prices for these transactions ranged from $23.85 to $24.04. The Reporting Person undertakes to provide upon the request of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.
  9. This price represents the weighted average purchase price. The purchase prices for these transactions ranged from $23.90 to $23.99. The Reporting Person undertakes to provide upon the request of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.
  10. Citadel Advisors LLC ("Citadel Advisors"), a registered investment adviser, is the portfolio manager for Surveyor, CG and CEF. Citadel Advisors II LLC ("CA2"), a registered investment adviser, is the portfolio manager for CQ. Citadel Advisors Holdings II LP ("CAH2") is the managing member of Citadel Advisors and CA2. Citadel Advisors Holdings LP ("CAH") is the general partner of CAH2. CALC III LP ("CALC3") is the non-member manager of Citadel Securities. Citadel GP LLC ("CGP") is the general partner of CALC3 and CAH2. Mr. Griffin is the President and Chief Executive Officer of, and owns a controlling interest in, CGP.
  11. The options are all exchange traded options that are immediately exercisable.