0001104659-17-028029.txt : 20170428
0001104659-17-028029.hdr.sgml : 20170428
20170428175954
ACCESSION NUMBER: 0001104659-17-028029
CONFORMED SUBMISSION TYPE: 4/A
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170420
FILED AS OF DATE: 20170428
DATE AS OF CHANGE: 20170428
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: OCWEN FINANCIAL CORP
CENTRAL INDEX KEY: 0000873860
STANDARD INDUSTRIAL CLASSIFICATION: MORTGAGE BANKERS & LOAN CORRESPONDENTS [6162]
IRS NUMBER: 650039856
STATE OF INCORPORATION: FL
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1661 WORTHINGTON ROAD
STREET 2: SUITE 100
CITY: WEST PALM BEACH
STATE: FL
ZIP: 33409
BUSINESS PHONE: 561-682-8000
MAIL ADDRESS:
STREET 1: 1661 WORTHINGTON ROAD
STREET 2: SUITE 100
CITY: WEST PALM BEACH
STATE: FL
ZIP: 33409
FORMER COMPANY:
FORMER CONFORMED NAME: OCWEN FINANCIAL Corp
DATE OF NAME CHANGE: 20110224
FORMER COMPANY:
FORMER CONFORMED NAME: OCWEN FINANCIAL CORP
DATE OF NAME CHANGE: 19960516
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Devaney John
CENTRAL INDEX KEY: 0001298648
FILING VALUES:
FORM TYPE: 4/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13219
FILM NUMBER: 17797684
MAIL ADDRESS:
STREET 1: 240 CRANDON BOULEVARD, SUITE 167
CITY: KEY BISCAYNE
STATE: FL
ZIP: 33149
4/A
1
a4a.xml
4/A
X0306
4/A
2017-04-20
2017-04-26
1
0000873860
OCWEN FINANCIAL CORP
OCN
0001298648
Devaney John
240 CRANDON BOULEVARD
SUITE 167
KEY BISCAYNE
FL
33149
0
0
1
0
Common Stock
2017-04-20
4
S
0
11900
4.12
D
12402476
I
See Footnote
Common Stock
2017-04-20
4
S
0
28061
4.12
D
12374415
I
See Footnote
Common Stock
2017-04-20
4
P
0
50000
4.06
A
12424415
I
See Footnote
Common Stock
2017-04-20
4
S
0
23300
4.02
D
12401115
I
See Footnote
Common Stock
2017-04-20
4
S
0
106694
4.00
D
12294421
I
See Footnote
Common Stock
2017-04-20
4
S
0
212907
3.66
D
12081514
I
See Footnote
Common Stock
2017-04-20
4
P
0
150000
3.57
A
12231514
I
See Footnote
Common Stock
2017-04-20
4
P
0
171016
3.22
A
12402530
I
See Footnote
Common Stock
2017-04-20
4
S
0
2345393
2.47
D
10057137
I
See Footnote
Common Stock
2017-04-20
4
P
0
2669193
2.59
A
12726330
I
See Footnote
Common Stock
2017-04-21
4
S
0
500000
2.65
D
12226330
I
See Footnote
Common Stock
2017-04-21
4
S
0
175000
2.65
D
12051330
I
See Footnote
Common Stock
2017-04-21
4
P
0
350000
2.47
A
12401330
I
See Footnote
Common Stock
2017-04-21
4
P
0
368000
2.54
A
12769330
I
See Footnote
Common Stock
2017-04-21
4
S
0
340000
2.61
D
12429330
I
See Footnote
Common Stock
2017-04-21
4
S
0
410000
2.61
D
12019330
I
See Footnote
Common Stock
2017-04-21
4
P
0
378505
2.69
A
12397835
I
See Footnote
Common Stock
2017-04-21
4
P
0
165220
2.59
A
12563055
I
See Footnote
Common Stock
2017-04-21
4
S
0
50000
2.37
D
12513055
I
See Footnote
Common Stock
2017-04-21
4
S
0
125518
2.39
D
12387537
I
See Footnote
Common Stock
2017-04-21
4
S
0
900000
2.41
D
11487537
I
See Footnote
Common Stock
2017-04-21
4
S
0
574482
2.41
D
10913055
I
See Footnote
Common Stock
2017-04-21
4
X
0
1188000
3.50
A
12101055
I
See Footnote
Common Stock
2017-04-21
4
X
0
153100
3.50
A
12254155
I
See Footnote
Common Stock
2017-04-21
4
X
0
929600
3.00
A
13183755
I
See Footnote
Common Stock
2017-04-24
4
S
0
810000
2.26
D
12373755
I
See Footnote
The price reported for this transaction is the weighted average price of multiple acquisition trades at prices ranging from $2.22 to $4.06 and disposition trades at prices ranging from $2.20 to 4.13. Mr. Devaney hereby undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
The reported securities are owned indirectly by D. John Devaney ("Devaney"). Devaney controls United Real Estate Ventures, Inc. ("UREVI"), the entity that purchased or sold the shares of the issuer's common stock in the reported transactions. Prior to the transactions reported on this Form 4, Devaney directly, through personal accounts and retirement accounts, and indirectly, through United Aviation Holdings, Inc. ("UAHI"), United Capital Markets, Inc. ("UCMI"), United Capital Markets Holdings, Inc. ("UCMHI"), and UREVI, all entities controlled by Devaney, beneficially owned 12,414,376 shares of the issuer's common stock.
The reported securities are owned indirectly by Devaney. Devaney controls UCMI, the entity that purchased or sold the shares of the issuer's common stock in the reported transactions. Prior to the transactions reported on this Form 4, Devaney directly, through personal accounts and retirement accounts, and indirectly, through UAHI, UCMI, UCMHI, and UREVI, all entities controlled by Devaney, beneficially owned 12,414,376 shares of the issuer's common stock.
The reported securities are owned directly by Devaney, who purchased or sold the shares of the issuer's common stock in the reported transactions. Prior to the transactions reported on this Form 4, Devaney directly, through personal accounts and retirement accounts, and indirectly, through UAHI, UCMI, UCMHI, and UREVI, all entities controlled by Devaney, beneficially owned 12,414,376 shares of the issuer's common stock.
Transaction occurred at a time when Mr. Devaney's beneficial ownership was under 10% of the outstanding class of common stock.
This amendment to the Form 4 filed by John Devaney on April 26, 2017 and dated April 25, 2017, is being filed to check the exit box to indicate that as of the last reported transaction, Mr. Devaney no longer beneficially owned more than 10% of the common stock of Ocwen Financial Corporation and to correct the date of the last reported transaction.
/s/ D. John Devaney
2017-04-28