Form 4 for ONIT ONITY GROUP INC.
Accepted 2022-08-02 00:00:00 ET · period of report 2022-07-31 · accession 0001493152-22-021004 · 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 | 2022-08-02 | 2022-07-31 | ONIT | ZELENY DENNIS | EVP, Chief Admin. Off | M - OptEx | — | +2,193 | 3,868 | +131% | — |
| D | 2022-08-02 | 2022-07-31 | ONIT | ZELENY DENNIS | EVP, Chief Admin. Off | D - Sale to Iss | — | -2,193 | 1,675 | -57% | — |
| D | 2022-08-02 | 2022-07-31 | ONIT | ZELENY DENNIS | EVP, Chief Admin. Off | M - OptEx | $0.00 | -2,193 | 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 | 2022-07-31 | M | A | 2,193 | — | 3,868 | D | — | — | (F1) On July 31, 2019, the reporting person was granted 6,579 restricted stock units scheduled to vest in three approximately equal installments on the first, second, and third anniversaries of grant subject to the reporting person's continued employment. 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. All information has been adjusted to give effect to the issuer's one-for-15 reverse stock split effective August 13, 2020. (F2) The reported transactions reflect the settlement in cash pursuant to the terms of the award of 2,193 restricted stock units that vested pursuant to the award on July 31, 2022. On July 29, 2022, the last trading day prior to the vesting date, the closing price of OCN common stock was $34.30. |
| 2 | Common | Common Stock | 2022-07-31 | D | D | 2,193 | — | 1,675 | D | — | — | (F1) On July 31, 2019, the reporting person was granted 6,579 restricted stock units scheduled to vest in three approximately equal installments on the first, second, and third anniversaries of grant subject to the reporting person's continued employment. 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. All information has been adjusted to give effect to the issuer's one-for-15 reverse stock split effective August 13, 2020. (F2) The reported transactions reflect the settlement in cash pursuant to the terms of the award of 2,193 restricted stock units that vested pursuant to the award on July 31, 2022. On July 29, 2022, the last trading day prior to the vesting date, the closing price of OCN common stock was $34.30. |
| 3 | Derivative | Restricted Stock Units | 2022-07-31 | M | D | 2,193 | $0.00 | 0 | D | — · — to — | 2,193 Common Stock | (F1) On July 31, 2019, the reporting person was granted 6,579 restricted stock units scheduled to vest in three approximately equal installments on the first, second, and third anniversaries of grant subject to the reporting person's continued employment. 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. All information has been adjusted to give effect to the issuer's one-for-15 reverse stock split effective August 13, 2020. (F2) The reported transactions reflect the settlement in cash pursuant to the terms of the award of 2,193 restricted stock units that vested pursuant to the award on July 31, 2022. On July 29, 2022, the last trading day prior to the vesting date, the closing price of OCN common stock was $34.30. (F3) Not applicable. |