X0202 4 2007-11-01 false 0000025191 COUNTRYWIDE FINANCIAL CORP CFC 0001275673 SPEAKES JEFFREY K 4500 PARK GRANADA CALABASAS CA 91302 false true false false SMD, Chief Economist Restricted Stock Units 0 2007-11-01 4 A false 52131 0 A 2008-11-01 2010-11-01 Common Stock 52131 52131 D Employee Stock Option (Right to Buy) 31.86 2007-11-01 4 A false 54776 0 A 2005-04-01 2011-04-01 Common Stock 54776 54776 D Employee Stock Option (Right to Buy) 32.6 2007-11-01 4 A false 56634 0 A 2005-04-01 2011-04-01 Common Stock 56634 56634 D Employee Stock Option (Right to Buy) 31.86 2007-11-01 4 D false 54776 0 D 2005-04-01 2009-04-01 Common Stock 54776 0 D Employee Stock Opiton (Right to Buy) 32.6 2007-11-01 4 D false 56634 0 D 2005-04-01 2010-04-01 Common Stock 56634 0 D The reporting person is entitled to receive a cash payment equal to the value of one share of CFC common stock on the vesting date in settlement of each vested unit. The award will vest as to 50% of the units on November 1, 2008, 25% on November 1, 2009 and 25% on November 1, 2010. The two reported transactions involved an amendment of an outstanding option, resulting in, for Section 16 reporting purposes, the deemed cancellation of the original option and the award of a replacement option. The expiration term has been extended by a period of two years from the original expiration date. The extension of the expiration term was the only modification to the award. The option was originally awarded on April 1, 2004 and was fully vested on April 1, 2007. The two reported transactions involved an amendment of an outstanding option, resulting in, for Section 16 reporting purposes, the deemed cancellation of the original option and the award of a replacement option. The expiration term has been extended by a period of one year from the original expiration date. The extension of the expiration term was the only modification to the award. The option was originally awarded on April 1, 2005 and provided for immediate vesting on the award date. The two reported transactions involved an amendment of an outstanding option, resulting in, for Section 16 reporting purposes, the deemed cancellation of the original option and the award of a replacement option. The expiration term has been extended by a period of two years from the original expiration date. The extension of the expiration term was the only modification to the award. The option was originally awarded on April 1, 2004 and was fully vested on April 1, 2007. The two reported transactions involved an amendment of an outstanding option, resulting in, for Section 16 reporting purposes, the deemed cancellation of the original option and the award of a replacement option. The expiration term has been extended by a period of one year from the original expiration date. The extension of the expiration term was the only modification to the award. The option was originally awarded on April 1, 2005 and provided for immediate vesting on the award date. Becky MacKinnon Attorney-in-fact 2007-11-02