0001493152-24-012799.txt : 20240402 0001493152-24-012799.hdr.sgml : 20240402 20240402161543 ACCESSION NUMBER: 0001493152-24-012799 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240329 FILED AS OF DATE: 20240402 DATE AS OF CHANGE: 20240402 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Grunenwald Francois CENTRAL INDEX KEY: 0001785585 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13219 FILM NUMBER: 24814402 MAIL ADDRESS: STREET 1: 1661 WORTHINGTON ROAD STREET 2: SUITE 100 CITY: WEST PALM BEACH STATE: FL ZIP: 33409 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: OCWEN FINANCIAL CORP CENTRAL INDEX KEY: 0000873860 STANDARD INDUSTRIAL CLASSIFICATION: MORTGAGE BANKERS & LOAN CORRESPONDENTS [6162] ORGANIZATION NAME: 02 Finance IRS NUMBER: 650039856 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1661 WORTHINGTON ROAD STREET 2: SUITE 100 CITY: WEST PALM BEACH STATE: FL ZIP: 33409 BUSINESS PHONE: 561-682-8000 MAIL ADDRESS: STREET 1: 1661 WORTHINGTON ROAD STREET 2: SUITE 100 CITY: WEST PALM BEACH STATE: FL ZIP: 33409 FORMER COMPANY: FORMER CONFORMED NAME: OCWEN FINANCIAL Corp DATE OF NAME CHANGE: 20110224 FORMER COMPANY: FORMER CONFORMED NAME: OCWEN FINANCIAL CORP DATE OF NAME CHANGE: 19960516 4 1 ownership.xml X0508 4 2024-03-29 0 0000873860 OCWEN FINANCIAL CORP OCN 0001785585 Grunenwald Francois 1661 WORTHINGTON ROAD, SUITE 100 WEST PALM BEACH FL 33409 0 1 0 0 Chief Accounting Officer 0 Common Stock 2024-03-31 4 M 0 0 A 1181 D Common Stock 2024-03-31 4 D 0 1181 D 0 D Restricted Stock Units 2024-03-31 4 M 0 1181 0 D Common Stock 1181 1182 D Restricted Stock Units 2024-03-29 4 A 0 3855 0 A Common Stock 3855 3855 D Restricted Stock Units 2024-03-29 4 A 0 3855 0 A Common Stock 3855 3855 D On March 31, 2022, the reporting person was granted 3,544 restricted stock units scheduled to vest in three approximately equal annual installments on the first, second, and third anniversaries of grant, subject to the reporting person's continued employment and certain other conditions. Each restricted stock unit represents a contingent right to receive a cash payment equal to the 1,181 restricted stock units that vested pursuant to the award on March 31, 2024. On March 31, 2024, the closing price of OCN common stock was $27.01. Not applicable. On March 29, 2024, the reporting person was granted 3,855 restricted stock units scheduled to vest in three equal annual installments on the first, second, and third anniversaries of grant subject to the reporting person's continued employment and certain other conditions. Each restricted stock unit represents a contingent right to receive a cash payment equal to the closing price of one share of OCN common stock on the applicable vesting date. On March 29, 2024, the reporting person was granted 3,855 restricted stock units subject to both a performance-based condition and a time-based vesting schedule. Each restricted stock unit represents a contingent right to receive a cash payment equal to the closing price of one share of OCN common stock on the applicable vesting date. Between 0% and 200% of the target number of units will be eligible to vest on March 29, 2027 based on the relative ranking of the Issuer's absolute total shareholder return compared to the absolute total shareholder return of companies within the Issuer's pre-established peer group at designated measurement periods. /s/ Leah E. Hutton, Attorney-in-Fact for Francois Grunenwald 2024-04-02