Filing Details

Accession Number:
0001019056-15-000900
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-11-13 20:13:12
Reporting Period:
2015-11-12
Filing Date:
2015-11-13
Accepted Time:
2015-11-13 20:13:12
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
1193528 M Ronald Faris 1661 Worthington Rd.
Suite 100
West Palm Beach FL 33409
President And Ceo 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 Acquisiton 2015-11-12 60,504 $5.81 471,912 No 4 M Direct
Common Stock Disposition 2015-11-12 56,013 $6.66 415,899 No 4 F Direct
Common Stock Acquisiton 2015-11-13 5,000 $6.19 420,899 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Options Disposition 2015-11-12 60,504 $0.00 60,504 $5.81
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2016-03-08 No 4 M Direct
Footnotes
  1. Exercise price reflects an adjustment made in Ocwen Financial Corporation (the "Company") stock options outstanding on or before the Altisource Portfolio Solutions S.A. spin-off transaction completed on August 10, 2009 to adjust for the spin-off.
  2. Includes 115,582 shares jointly held by Mr. and Mrs. Ronald M. Faris.
  3. Represents shares withheld by the Company to satisfy tax withholding obligations and payment of the exercise price.
  4. Options vested in five equal increments, with the first increment vesting immediately upon grant and the remaining shares vesting on January 31, annually, commencing in 2007.