X0305 4 2012-03-31 0 0000077776 PHH CORP PHH 0001488394 Reif Deborah M C/O PHH CORPORATION 3000 LEADENHALL ROAD MOUNT LAUREL NJ 08054 1 0 0 0 Common Stock 2012-03-31 4 A 0 2488 0.00 A 22150 D Represents shares of common stock underlying vested restricted stock units. Each restricted stock unit represents the right to receive one share of common stock that will be issued one year after cessation of service on the Board of Directors. Includes 19,150 shares of common stock underlying vested restricted stock units. Each restricted stock unit represents the right to receive one share of common stock that will be issued one year after cessation of service on the Board of Directors. J. Christopher Clifton, Attorney-In-Fact 2012-04-03