0001493152-20-005614.txt : 20200401 0001493152-20-005614.hdr.sgml : 20200401 20200401161522 ACCESSION NUMBER: 0001493152-20-005614 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200330 FILED AS OF DATE: 20200401 DATE AS OF CHANGE: 20200401 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Messina Glen A. CENTRAL INDEX KEY: 0001525371 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13219 FILM NUMBER: 20765557 MAIL ADDRESS: STREET 1: 3000 LEADENHALL ROAD CITY: MOUNT LAUREL STATE: NJ ZIP: 08054 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 4 1 ownership.xml X0306 4 2020-03-30 0 0000873860 OCWEN FINANCIAL CORP OCN 0001525371 Messina Glen A. 1661 WORTHINGTON ROAD, SUITE 100 WEST PALM BEACH FL 33409 1 1 0 0 President & CEO Restricted Stock Units 2020-03-30 4 A 0 1575000 0 A Common Stock 1575000 1575000 D Restricted Stock Units 2020-03-30 4 A 0 1575000 0 A Common Stock 1575000 1575000 D Each Restricted Stock Unit represents a contingent right to receive one share of OCN common stock on the applicable vesting date. On March 30, 2020, the reporting person was granted 1,575,000 restricted stock units subject to both a performance-based condition and a time-based vesting schedule. The target number of units subject to the award is reported above. Between 0% and 200% of the target number of units will be eligible to vest on March 30, 2023 based on the relative ranking of the Issuer's absolute total shareholder return compared to the absolute total shareholder return of companies within the Issuer's pre-established peer group at designated measurement periods. Not applicable. On March 30, 2020, the reporting person was granted 1,575,000 restricted stock units scheduled to vest in three approximately equal annual installments on the first, second and third anniversaries of grant. /s/ Michael J. Stanton, Attorney-in-Fact for Glen A. Messina 2020-04-01