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