Filing Details

Accession Number:
0001225208-13-018541
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-08-26 11:13:01
Reporting Period:
2013-08-22
Filing Date:
2013-08-26
Accepted Time:
2013-08-26 11:13:01
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
1574518 Nikhil Malik 402 Strand Street
Frederiksted VI 00840
Cfo, Ocwen Mortgage Servicing No 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 Acquisiton 2013-08-22 7,500 $24.38 7,500 No 4 M Direct
Common Stock Disposition 2013-08-22 7,500 $50.49 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Options Disposition 2013-08-22 7,500 $0.00 7,500 $24.38
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
32,500 2022-08-21 No 4 M Direct
Footnotes
  1. 25% of the original grant of 40,000 options vest in four equal annual increments, which vesting began on August 21, 2013; 50% of the options vest in four equal annual increments commencing on the date as of which the stock price has at least doubled the exercise price with a 20% or greater annualized rate of return in the stock price measured from the date of grant, which vesting began on August 1, 2013; and 25% of the options vest in four equal annual increments commencing on the date as of which the stock price has at least tripled the exercise price with a 25% or greater annualized rate of return in the stock price measured from the date of grant.