X0202 4 2005-05-17 0 0000873860 OCWEN FINANCIAL CORP OCN 0001215021 LINN W MICHAEL 1675 PALM BEACH LAKES BLVD WEST PALM BEACH FL 33401 1 1 0 0 Executive Vice President 2004 Employee Restricted Stock Award 2005-05-17 4 A 0 11176 0 A 68386 D 2004 Employee Stock Optoin Award 6.57 2005-05-17 4 A 0 40810 0 A 2015-01-31 Common Stock 40810 40810 D Shares vest in three equal increments on January 31 annually, commencing in 2005. Options vest in five equal increments on January 31 annually, commencing in 2005. /s/ Paul A. Koches, Attorney-in-Fact 2005-05-19