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*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 07/08/2014 |
3. Issuer Name and Ticker or Trading Symbol
PHH CORP [ PHH ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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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 | 54,146 | I | See Footnotes(1)(5) |
Common Stock | 1 | I | See Footnotes(2)(5) |
Common Stock | 3,862 | I | See Footnotes(3)(5) |
Common Stock | 3,729,193 | I | See Footnotes(4)(5) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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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 | ||||
Call Option: PHH140816C30 [obligation to sell] | (6) | 08/19/2014 | Common Stock | 55,200 | $30 | I | See Footnote(3) |
Call Option: PHH140816C25 [option to purchase] | (6) | 08/19/2014 | Common Stock | 16,900 | $25 | I | See Footnote(3) |
Put Option: PHH140816P20 [option to sell] | (6) | 08/19/2014 | Common Stock | 1,000 | $20 | I | See Footnote(3) |
Put Option: PHH140816P22.5 [option to sell] | (6) | 08/19/2014 | Common Stock | 7,900 | $22.5 | I | See Footnote(3) |
Call Option: PHH141122C25 [obligation to sell] | (6) | 11/14/2014 | Common Stock | 23,800 | $25 | I | See Footnote(3) |
Call Option: PHH140816C22.5 [obligation to sell] | (6) | 08/19/2014 | Common Stock | 900 | $22.5 | I | See Footnote(3) |
Call Option: PHH140816C20 [obligation to sell] | (6) | 08/19/2014 | Common Stock | 1,000 | $20 | I | See Footnote(3) |
Call Option: PHH140719C22.5 [option to purchase] | (6) | 07/19/2014 | Common Stock | 2,000 | $22.5 | I | See Footnote(3) |
Put Option: PHH141122P20 [obligation to purchase] | (6) | 11/14/2014 | Common Stock | 500 | $20 | I | See Footnote(3) |
Put Option: PHH140719P22.5 [obligation to purchase] | (6) | 07/19/2014 | Common Stock | 3,400 | $22.5 | I | See Footnote(3) |
Call Option: PHH140719C25 [option to purchase] | (6) | 07/19/2014 | Common Stock | 4,700 | $25 | I | See Footnote(3) |
Call Option: PHH141122P22.5 [option to purchase] | (6) | 11/19/2014 | Common Stock | 1,800 | $22.5 | I | See Footnote(3) |
Call Option: PHH141122C30 [option to purchase] | (6) | 11/19/2014 | Common Stock | 2,200 | $30 | I | See Footnote(3) |
Call Option: PHH140719C30 [obligation to sell] | (6) | 07/19/2014 | Common Stock | 200 | $30 | I | See Footnote(3) |
Put Option: PHH140719P25 [obligation to purchase] | (6) | 07/19/2014 | Common Stock | 4,100 | $25 | I | See Footnote(3) |
Call Option: PHH140719C17.5 [option to purchase] | (6) | 07/19/2014 | Common Stock | 1,300 | $17.5 | I | See Footnote(3) |
Put Option: PHH140816P30 [option to sell] | (6) | 08/19/2014 | Common Stock | 100 | $30 | I | See Footnote(3) |
Call Option: PHH150220C30 [obligation to sell] | (6) | 02/19/2015 | Common Stock | 500 | $30 | I | See Footnote(3) |
Call Option: PHH141122C22.5 [option to purchase] | (6) | 11/19/2014 | Common Stock | 700 | $22.5 | I | See Footnote(3) |
Call Option: PHH141122C25 [option to purchase] | (6) | 11/19/2014 | Common Stock | 2,000,000 | $25 | I | See Footnote(4) |
1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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Explanation of Responses: |
1. This security is owned by Citadel Equity Fund, Ltd. ("CEF"). |
2. This security is owned by Citadel Global Equities Master Fund Ltd. ("CG"). |
3. This security is owned by Citadel Securities LLC ("CS"). |
4. This security is owned by Surveyor Capital Ltd. ("Surveyor"). |
5. Citadel Advisors LLC ("Citadel Advisors"), a registered investment adviser, is the portfolio manager for Surveyor, CG and CEF. Citadel Advisors II LLC ("CA2"), a registered investment adviser, is the portfolio manager for CQ. Citadel Advisors Holdings II LP ("CAH2") is the managing member of Citadel Advisors and CA2. Citadel Advisors Holdings LP ("CAH") is the general partner of CAH2. CALC III LP ("CALC3") is the non-member manager of Citadel Securities. Citadel GP LLC ("CGP") is the general partner of CALC3 and CAH2. Mr. Griffin is the President and Chief Executive Officer of, and owns a controlling interest in, CGP. |
6. The options are all exchange traded options that are immediately exercisable. |
Remarks: |
Each of the Reporting Persons expressly disclaims beneficial ownership of the securities described herein except to the extent of such person's pecuniary interest therein. |
/s/ John C. Nagel, Authorized Signatory of CITADEL GP LLC | 07/11/2014 | |
/s/ John C. Nagel, Authorized Signatory of SURVEYOR CAPITAL LTD. | 07/11/2014 | |
/s/ John C. Nagel, attorney-in-fact, on behalf of Kenneth Griffin | 07/11/2014 | |
** 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. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |