0001019056-15-000269.txt : 20150226
0001019056-15-000269.hdr.sgml : 20150226
20150226172914
ACCESSION NUMBER: 0001019056-15-000269
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150224
FILED AS OF DATE: 20150226
DATE AS OF CHANGE: 20150226
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: GA
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1000 ABERNATHY ROAD NE
STREET 2: SUITE 210
CITY: ATLANTA
STATE: 2Q
ZIP: 30328
BUSINESS PHONE: 561-682-8000
MAIL ADDRESS:
STREET 1: 1000 ABERNATHY ROAD NE
STREET 2: SUITE 210
CITY: ATLANTA
STATE: 2Q
ZIP: 30328
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
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Dondzila Catherine M
CENTRAL INDEX KEY: 0001593929
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13219
FILM NUMBER: 15653943
MAIL ADDRESS:
STREET 1: 1100 VIRGINIA DRIVE
CITY: FORT WASHINGTON
STATE: PA
ZIP: 19034
4
1
dondzila_4.xml
OWNERSHIP DOCUMENT
X0306
4
2015-02-24
0
0000873860
OCWEN FINANCIAL CORP
OCN
0001593929
Dondzila Catherine M
1000 ABERNATHY ROAD NE
SUITE 210
ATLANTA
GA
30328
0
1
0
0
SVP & Chief Accounting Officer
Employee Stock Option (right to buy)
10.14
2015-02-24
4
A
0
16386
0
A
2025-02-24
Common Stock
16386
16386
D
Restricted Stock Units
2015-02-24
4
A
0
7669
0
A
2019-02-24
Common Stock
7669
7669
D
Restricted Stock Units
2015-02-24
4
A
0
24115
0
A
2019-02-24
Common Stock
24115
24115
D
The option is scheduled to vest in four equal annual installments on the first, second, third and fourth anniversaries of the transaction date reported above.
Each restricted stock unit represents a contingent right to receive one share of OCN Common Stock.
The restricted stock units are scheduled to vest in three equal annual installments on the second, third and fourth anniversaries of the transaction date reported above.
If, on or before the fourth anniversary of the transaction date reported above, the average of the closing prices per share of OCN Common Stock for a period of twenty consecutive trading days, plus the amount of any dividends paid on a share of OCN Common Stock during the term of the award on or before the last day of that period, equals or exceeds $16.26, the restricted stock units will vest in four equal annual installments on the first, second, third and fourth anniversaries of the transaction date reported above (in each case, if such date occurs before the date that the stock price-based vesting condition is satisfied, the vesting of that installment will occur on the satisfaction of the stock price-based vesting condition).
/s/ Michael J. Stanton, Attorney-in-Fact for Catherine M. Dondzila
2015-02-26