Form 4 for ONIT ONITY GROUP INC.
Accepted 2022-03-14 00:00:00 ET · period of report 2022-03-10 · accession 0001493152-22-006753 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-03-14 | 2022-03-10 | ONIT | Samarias Joseph J | EVP, GC | M - OptEx | — | +4,276 | 8,748 | +96% | — |
| D | 2022-03-14 | 2022-03-10 | ONIT | Samarias Joseph J | EVP, GC | D - Sale to Iss | — | -4,276 | 4,472 | -49% | — |
| D | 2022-03-14 | 2022-03-10 | ONIT | Samarias Joseph J | EVP, GC | M - OptEx | $0.00 | -4,276 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-03-10 | M | A | 4,276 | — | 8,748 | D | — | — | (F1) On September 10, 2020, the reporting person was granted 4,276 restricted stock units scheduled to vest on March 10, 2022, subject to the reporting person's continued employment on the vesting date 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. (F2) The reported transactions reflect the settlement in cash pursuant to the terms of the award of 4,276 restricted stock units that vested pursuant to the award on March 10, 2022. On March 10, 2022, the closing price of OCN common stock was $24.97. |
| 2 | Common | Common Stock | 2022-03-10 | D | D | 4,276 | — | 4,472 | D | — | — | (F1) On September 10, 2020, the reporting person was granted 4,276 restricted stock units scheduled to vest on March 10, 2022, subject to the reporting person's continued employment on the vesting date 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. (F2) The reported transactions reflect the settlement in cash pursuant to the terms of the award of 4,276 restricted stock units that vested pursuant to the award on March 10, 2022. On March 10, 2022, the closing price of OCN common stock was $24.97. |
| 3 | Derivative | Restricted Stock Units | 2022-03-10 | M | D | 4,276 | $0.00 | 0 | D | — · — to — | 4,276 Common Stock | (F1) On September 10, 2020, the reporting person was granted 4,276 restricted stock units scheduled to vest on March 10, 2022, subject to the reporting person's continued employment on the vesting date 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. (F3) Not applicable. |