0001493152-23-010628.txt : 20230403 0001493152-23-010628.hdr.sgml : 20230403 20230403161929 ACCESSION NUMBER: 0001493152-23-010628 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230330 FILED AS OF DATE: 20230403 DATE AS OF CHANGE: 20230403 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Anderson Scott William CENTRAL INDEX KEY: 0001651800 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13219 FILM NUMBER: 23792886 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 X0407 4 2023-03-30 0 0000873860 OCWEN FINANCIAL CORP OCN 0001651800 Anderson Scott William 1661 WORTHINGTON ROAD, SUITE 100 WEST PALM BEACH FL 33409 0 1 0 0 EVP & Chief Servicing Officer 0 Common Stock 2023-03-30 4 M 0 3334 A 17943 D Common Stock 2023-03-30 4 D 0 3334 D 14609 D Common Stock 2023-03-30 4 M 0 14689 A 29298 D Common Stock 2023-03-30 4 D 0 14689 D 14609 D Common Stock 2023-03-31 4 M 0 3063 A 17672 D Common Stock 2023-03-31 4 F 0 1205 27.12 D 16467 D Restricted Stock Units 2023-03-30 4 M 0 3334 0 D Common Stock 3334 0 D Restricted Stock Units 2023-03-30 4 M 0 14689 0 D Common Stock 14689 0 D Restricted Stock Units 2023-03-31 4 M 0 3063 0 D Common Stock 3063 6128 D On March 30, 2020, the reporting person was granted 10,000 restricted stock units scheduled to vest in three approximately equal installments on the first, second, and third anniversaries of grant. 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. Share number has been adjusted to give effect to the issuer's one-for-15 reverse stock split effective August 13, 2020. The transaction reported reflects the settlement in cash pursuant to the terms of the award of 3,334 restricted stock units that vested pursuant to the award on March 30, 2023. On March 30, 2023, the closing price of OCN common stock was $25.92. On March 30, 2020, the reporting person was granted a target of 10,000 restricted stock units subject to both a performance-based condition and a time-based vesting schedule. Share number has been adjusted to give effect to the issuer's one-for-15 reverse stock split effective August 13, 2020. On March 30, 2023, the award vested at 147% of target 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. The transaction reported reflects the settlement in cash pursuant to the terms of the award of 14,689 restricted stock units that vested pursuant to the award on March 30, 2023. On March 30, 2023, the closing price of OCN common stock was $25.92. Not applicable. On March 31, 2022, the reporting person was granted 9,191 restricted stock units scheduled to vest in three approximately equal annual installments on the first, second, and third anniversaries of grant, subject to the reporting person's continued employment and certain other conditions. Shares withheld pursuant to terms of the award to cover tax withholding obligations. /s/ Leah E. Hutton, Attorney-in-Fact for Scott Anderson 2023-04-03