Form 4 for ONIT ONITY GROUP INC.
Accepted 2023-03-06 00:00:00 ET · period of report 2023-03-02 · accession 0001493152-23-006839 · 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 | 2023-03-06 | 2023-03-02 | ONIT | Grunenwald Francois | SVP, CAO | D - Sale to Iss | — | -1,175 | 0 | -100% | — |
| D | 2023-03-06 | 2023-03-02 | ONIT | Grunenwald Francois | SVP, CAO | M - OptEx | — | +1,175 | 1,175 | New | — |
| D | 2023-03-06 | 2023-03-02 | ONIT | Grunenwald Francois | SVP, CAO | M - OptEx | $0.00 | -1,175 | 1,175 | -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 | 2023-03-02 | D | D | 1,175 | — | 0 | D | — | — | (F1) On March 2, 2021, the reporting person was granted 3,524 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 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 1,175 restricted stock units that vested pursuant to the award on March 2, 2023. On March 2, 2023, the closing price of OCN common stock was $30.64. |
| 2 | Common | Common Stock | 2023-03-02 | M | A | 1,175 | — | 1,175 | D | — | — | (F1) On March 2, 2021, the reporting person was granted 3,524 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 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 1,175 restricted stock units that vested pursuant to the award on March 2, 2023. On March 2, 2023, the closing price of OCN common stock was $30.64. |
| 3 | Derivative | Restricted Stock Units | 2023-03-02 | M | D | 1,175 | $0.00 | 1,175 | D | — · — to — | 1,175 Common Stock | (F1) On March 2, 2021, the reporting person was granted 3,524 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 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 1,175 restricted stock units that vested pursuant to the award on March 2, 2023. On March 2, 2023, the closing price of OCN common stock was $30.64. (F3) Not applicable. |