X0202 4 2007-11-01 false 0000025191 COUNTRYWIDE FINANCIAL CORP CFC 0001361999 Bartlett Kevin 4500 PARK GRANADA CALABASAS CA 91302 false true false false EMD, Chief Investment Officer Employee Stock Option (Right to Buy) 38.58 2007-11-01 4 A false 20000 0 A 2006-07-05 2011-07-05 Common Stock 20000 20000 D Restricted Stock Units 0 2007-11-01 4 A false 130327 0 A 2008-11-01 2010-11-01 Common Stock 130327 130327 D Employee Stock Option (Right to Buy) 38.58 2007-11-01 4 D false 20000 0 D 2006-07-05 2010-07-05 Common Stock 20000 0 D 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 July 5, 2005 and provides for vesting in three equal annual installments commencing on July 5, 2006. 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 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 July 5, 2005 and provides for vesting in three equal annual installments commencing on July 5, 2006. Becky MacKinnon Attorney-in-fact 2007-11-02