SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Bradfield Richard J.

(Last) (First) (Middle)
C/O PHH CORPORATION
3000 LEADENHALL ROAD

(Street)
MT. LAUREL NJ 08054

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
03/12/2012
3. Issuer Name and Ticker or Trading Symbol
PHH CORP [ PHH ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP and Treasurer
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 12,813 D
Common Stock 52.7207 I By 401(k) Plan
Common Stock 6,775 (1) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Options (right to buy) 03/03/2009 03/03/2015 Common Stock 9,846 20.78 D
Employee Stock Options (right to buy) 03/25/2010 03/25/2019 Common Stock 2,273 16.55 D
Employee Stock Options (right to buy) 03/25/2011 03/25/2019 Common Stock 2,272 16.55 D
Employee Stock Options (right to buy) 03/25/2012 03/25/2019 Common Stock 2,272 16.55 D
Explanation of Responses:
1. Represents an award of restricted stock units ("RSUs") that vest on January 10, 2013, subject to Mr. Bradfield's continued employment with PHH Corporation. Each restricted stock unit represents the right to receive one share of PHH Corporation common stock upon vesting.
Remarks:
J. Christopher Clifton, Attorney-In-Fact 03/22/2012
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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