X0303 4 2011-05-24 0 0000077776 PHH CORP PHH 0001492599 Hayden Luke S C/O PHH CORPORATION 3000 LEADENHALL ROAD MOUNT LAUREL NJ 08054 0 1 0 0 EVP-Mortgage Common Stock 2011-05-24 4 F 0 1378 20.88 D 12622 D Includes 3,289 shares of Common Stock held directly by the reporting person and 9,333 of underlying unvested restricted stock units. Leith W. Kaplan, Attorney In-fact for Luke S. Hayden 2011-05-25