0001140361-15-045985.txt : 20151230 0001140361-15-045985.hdr.sgml : 20151230 20151230172436 ACCESSION NUMBER: 0001140361-15-045985 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20151229 FILED AS OF DATE: 20151230 DATE AS OF CHANGE: 20151230 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: ERBEY WILLIAM C CENTRAL INDEX KEY: 0001048105 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13219 FILM NUMBER: 151314242 MAIL ADDRESS: STREET 1: 402 STRAND STREET CITY: FREDERIKSTED, ST. CROIX STATE: VI ZIP: 00840 4 1 doc1.xml FORM 4 X0306 4 2015-12-29 0 0000873860 OCWEN FINANCIAL CORP OCN 0001048105 ERBEY WILLIAM C P.O. BOX 25437 CHRISTIANSTED, ST. CROIX VI 00824 VIRGIN ISLANDS, U.S. 0 0 1 0 Common Stock 2015-12-14 4 J 0 5409704 0 D 0 I By Erbey Holding Corporation, Inc. Common Stock 2015-12-14 4 J 0 5409704 0 A 5409704 I By Munus, L.P. Common Stock 2015-12-22 4 J 0 5520852 0 D 4500000 I By Salt Pond Holdings, LLC Common Stock 2015-12-22 4 J 0 5520852 0 A 5520852 I By Tribue Limited Partnership Common Stock 2015-12-23 4 J 0 2500000 0 D 2000000 I By Salt Pond Holdings, LLC Common Stock 2015-12-23 4 J 0 2500000 0 A 8020852 I By Tribue Limited Partnership Common Stock 0 D Common Stock 2440000 I By Caritas Partners, LLC Call Options (obligation to sell) 8 2015-12-29 4 S 0 3000 97.50 D 2015-12-29 2016-07-15 Common Stock 300000 3000 I By Tribue Limited Partnership Call Options (obligation to sell) 8 2015-12-29 4 S 0 3000 95 D 2015-12-29 2016-07-15 Common Stock 300000 3000 I By Tribue Limited Partnership Call Options (obligation to sell) 10 2015-12-29 4 S 0 3000 92.5 D 2015-12-29 2017-01-20 Common Stock 300000 3000 I By Tribue Limited Partnership Call Options (obligation to sell) 10 2015-12-29 4 S 0 1000 90 D 2015-12-29 2017-01-20 Common Stock 100000 1000 I By Tribue Limited Partnership During December 2015, Erbey Holding Corporation, Inc. was restructured into Munus L.P., a U.S. limited partnership, in which Erbey Holding Corporation, Inc. (100% of which is owned by Mr. Erbey) has a 99% preferred LP interest and Mr. Erbey has a 1% GP interest. On December 14, 2015, 5,409,704 shares of Ocwen Financial Corp ("Ocwen") were transferred from Erbey Holding Corporation, Inc. to Munus L.P. This change in the form of Mr. Erbey's beneficial ownership did not change his pecuniary interest in the shares of Ocwen. Tribue Limited Partnership is a Virgin Islands limited partnership, established in December 2015, in which Salt Pond Holdings, LLC (80.7% of which is owned by Mr. Erbey and 19.3% of which is owned by Erbey Holding Corporation, Inc., a corporation wholly-owned by Mr. Erbey) has a 99.9% LP interest and Mr. Erbey has a 0.1% GP interest. On December 22, 2015 and December 23, 2015, 5,520,852 shares of Ocwen and 2,500,000 shares of Ocwen, respectively, were transferred from Salt Pond Holdings, LLC to Tribue Limited Partnership. This change in the form of Mr. Erbey's beneficial ownership did not change his pecuniary interest in the shares of Ocwen. The restructuring described in notes 1 and 2 above did not change the number of Ocwen shares held indirectly by Mr. Erbey through Caritas Partners, LLC. Mr. Erbey does not hold any Ocwen shares directly. Option transaction entered into by Tribue Limited Partnership, a Virgin Islands limited partnership, which is 99.9% owned by Salt Pond Holdings, LLC and 0.1% owned by Mr. Erbey. /s/ William C. Erbey 2015-12-30