X0202 4 2007-11-05 0 0000873860 OCWEN FINANCIAL CORP OCN 0001215021 LINN W MICHAEL 1661 WORTHINGTON ROAD SUITE 100 WEST PALM BEACH FL 33409 1 0 0 0 Common Stock 2007-11-05 4 A 0 5077 0 A 34574 D Stock Options 6.57 2007-11-05 4 F 0 40810 6.57 D 2005-01-31 2015-01-31 Stock Options 40810 0 D Stock Options 6.1 2007-11-05 4 F 0 11736 6.1 D 2005-01-31 2016-01-31 Stock Options 11736 0 D Stock Options 8.04 2007-11-05 4 A 0 40810 8.04 A 2007-11-05 2015-01-31 Stock Options 40810 40810 D Stock Options 9.64 2007-11-05 4 A 0 11736 9.64 A 2007-11-05 2016-01-31 Stock Options 11736 11736 D Due to Internal Revenue Code Section 409A, this restricted stock was granted as partial consideration for the employee's forfeiture and cancellation of stock option awards affected by 409A to replace the loss of the discount value. Due to Internal Revenue Code Section 409A, these stock options were forfeited and cancelled. Replacement options with exercise prices equal to the fair market value of the stock on the original grant date will be reissued and will follow the vesting schedule of the original award. Due to Internal Revenue Code Section 409A, these stock options were reissued with exercise prices equal to the fair market value of the stock on the original grant date and will follow the vesting schedule of the original award. They replace the options which were forfeited and cancelled due to 409A; they vest immediately. /s/ Paul A. Koches, Attorney-in-Fact 2007-11-07