0001493152-21-020443.txt : 20210817 0001493152-21-020443.hdr.sgml : 20210817 20210817161553 ACCESSION NUMBER: 0001493152-21-020443 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190812 FILED AS OF DATE: 20210817 DATE AS OF CHANGE: 20210817 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Grunenwald Francois CENTRAL INDEX KEY: 0001785585 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13219 FILM NUMBER: 211182953 MAIL ADDRESS: STREET 1: 1661 WORTHINGTON ROAD STREET 2: SUITE 100 CITY: WEST PALM BEACH STATE: FL ZIP: 33409 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 2019-08-12 0 0000873860 OCWEN FINANCIAL CORP OCN 0001785585 Grunenwald Francois 1661 WORTHINGTON ROAD SUITE 100 WEST PALM BEACH FL 33409 0 1 0 0 Chief Accounting Officer Common Stock 2020-08-12 4 M 0 1134 A 1134 D Common Stock 2020-08-12 4 D 0 1134 D 0 D Common Stock 2021-08-12 4 M 0 1133 A 1133 D Common Stock 2021-08-12 4 D 0 1133 D 0 D Restricted Stock Units 2019-08-12 4 A 0 3401 0 A Common Stock 3401 3401 D Restricted Stock Units 2019-08-12 4 A 0 3401 0 A Common Stock 3401 3401 D Restricted Stock Units 2020-08-12 4 M 0 1134 0 D Common Stock 1134 2267 D Restricted Stock Units 2021-08-12 4 M 0 1133 0 D Common Stock 1133 1134 D On August 12, 2019, the reporting person was granted 3,401 restricted stock units scheduled to vest in three approximately equal installments on the first, second, and third anniversaries of grant subject to the reporting person's continued employment. Each restricted stock unit represents a contingent right to receive a cash payment equal to the closing price of one share of OCN common stock on the applicable vesting date. All information has been adjusted to give effect to the issuer's one-for-15 reverse stock split effective August 13, 2020. The reported transactions reflect the settlement in cash pursuant to the terms of the award of 1,134 restricted stock units that vested pursuant to the award on August 12, 2020 and were not previously reported. On August 12, 2020, the closing price of OCN common stock was $22.35. The reported transactions reflect the settlement in cash pursuant to the terms of the award of 1,133 restricted stock units that vested pursuant to the award on August 12, 2021. On August 12, 2021, the closing price of OCN common stock was $29.01. On August 12, 2019, the reporting person was granted 3,401 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 August 12, 2022 based on the extent to which a pre-established absolute total shareholder return level is met. Not applicable. /s/ Leah E. Hutton, Attorney-in-Fact for Francois Grunenwald 2021-08-17