Form 4 for ONIT ONITY GROUP INC.
Accepted 2022-04-01 00:00:00 ET · period of report 2022-03-30 · accession 0001493152-22-008853 · 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 | 2022-04-01 | 2022-03-30 | ONIT | ZELENY DENNIS | EVP, Chief Admin. Off | D - Sale to Iss | — | -4,722 | 1,455 | -76% | — |
| D | 2022-04-01 | 2022-03-30 | ONIT | ZELENY DENNIS | EVP, Chief Admin. Off | M - OptEx | — | +4,722 | 6,177 | +325% | — |
| D | 2022-04-01 | 2022-03-30 | ONIT | ZELENY DENNIS | EVP, Chief Admin. Off | M - OptEx | $0.00 | -4,722 | 4,722 | -50% | $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 | 2022-03-30 | D | D | 4,722 | — | 1,455 | D | — | — | (F1) On March 30, 2020, the reporting person was granted 14,166 restricted stock units scheduled to vest in three approximately equal installments on the first, second, and third anniversaries of grant. 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. Share number has been adjusted to give effect to the issuer's one-for-15 reverse stock split effective August 13, 2020. The transactions reported on this Form 4 reflect the settlement in cash pursuant to the terms of the award of 4,722 restricted stock units that vested pursuant to the award on March 30, 2022. On March 30, 2022, the closing price of OCN common stock was $24.18. |
| 2 | Common | Common Stock | 2022-03-30 | M | A | 4,722 | — | 6,177 | D | — | — | (F1) On March 30, 2020, the reporting person was granted 14,166 restricted stock units scheduled to vest in three approximately equal installments on the first, second, and third anniversaries of grant. 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. Share number has been adjusted to give effect to the issuer's one-for-15 reverse stock split effective August 13, 2020. The transactions reported on this Form 4 reflect the settlement in cash pursuant to the terms of the award of 4,722 restricted stock units that vested pursuant to the award on March 30, 2022. On March 30, 2022, the closing price of OCN common stock was $24.18. |
| 3 | Derivative | Restricted Stock Units | 2022-03-30 | M | D | 4,722 | $0.00 | 4,722 | D | — · — to — | 4,722 Common Stock | (F1) On March 30, 2020, the reporting person was granted 14,166 restricted stock units scheduled to vest in three approximately equal installments on the first, second, and third anniversaries of grant. 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. Share number has been adjusted to give effect to the issuer's one-for-15 reverse stock split effective August 13, 2020. The transactions reported on this Form 4 reflect the settlement in cash pursuant to the terms of the award of 4,722 restricted stock units that vested pursuant to the award on March 30, 2022. On March 30, 2022, the closing price of OCN common stock was $24.18. (F2) Not applicable. |