Form 4 for ONIT ONITY GROUP INC.
Accepted 2023-04-03 00:00:00 ET · period of report 2023-03-30 · accession 0001493152-23-010630 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-04-03 | 2023-03-30+ | ONIT | Evans Jenna D. | Chief Risk, Compliance | D - Sale to Iss | — | -5,873 | 948 | -86% | — |
| DM | 2023-04-03 | 2023-03-30+ | ONIT | Evans Jenna D. | Chief Risk, Compliance | M - OptEx | — | +5,873 | 5,208 | New | — |
| DM | 2023-04-03 | 2023-03-30+ | ONIT | Evans Jenna D. | Chief Risk, Compliance | M - OptEx | $0.00 | -5,873 | 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 | 2023-03-30 | D | D | 967 | — | 948 | D | — | — | (F1) On March 30, 2020, the reporting person was granted 2,900 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 transaction reported reflects the settlement in cash pursuant to the terms of the award of 967 restricted stock units that vested pursuant to the award on March 30, 2023. On March 30, 2023, the closing price of OCN common stock was $25.92. |
| 2 | Common | Common Stock | 2023-03-31 | D | D | 646 | — | 948 | D | — | — | (F4) On March 31, 2022, the reporting person was granted 1,940 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 closing price of one share of OCN common stock on the applicable vesting date. The transaction reported reflects the settlement in cash pursuant to the terms of the award of 646 restricted stock units that vested pursuant to the award on March 31, 2023. On March 31, 2023, the closing price of OCN common stock was $27.12. |
| 3 | Common | Common Stock | 2023-03-31 | M | A | 646 | — | 1,594 | D | — | — | (F4) On March 31, 2022, the reporting person was granted 1,940 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 closing price of one share of OCN common stock on the applicable vesting date. The transaction reported reflects the settlement in cash pursuant to the terms of the award of 646 restricted stock units that vested pursuant to the award on March 31, 2023. On March 31, 2023, the closing price of OCN common stock was $27.12. |
| 4 | Common | Common Stock | 2023-03-30 | M | A | 967 | — | 1,915 | D | — | — | (F1) On March 30, 2020, the reporting person was granted 2,900 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 transaction reported reflects the settlement in cash pursuant to the terms of the award of 967 restricted stock units that vested pursuant to the award on March 30, 2023. On March 30, 2023, the closing price of OCN common stock was $25.92. |
| 5 | Common | Common Stock | 2023-03-30 | M | A | 4,260 | — | 5,208 | D | — | — | (F2) On March 30, 2020, the reporting person was granted a target of 2,900 restricted stock units subject to both a performance-based condition and a time-based vesting schedule. Share number has been adjusted to give effect to the issuer's one-for-15 reverse stock split effective August 13, 2020. On March 30, 2023, the award vested at 147% of target 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. The transaction reported reflects the settlement in cash pursuant to the terms of the award of 4,260 restricted stock units that vested pursuant to the award on March 30, 2023. On March 30, 2023, the closing price of OCN common stock was $25.92. |
| 6 | Common | Common Stock | 2023-03-30 | D | D | 4,260 | — | 948 | D | — | — | (F2) On March 30, 2020, the reporting person was granted a target of 2,900 restricted stock units subject to both a performance-based condition and a time-based vesting schedule. Share number has been adjusted to give effect to the issuer's one-for-15 reverse stock split effective August 13, 2020. On March 30, 2023, the award vested at 147% of target 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. The transaction reported reflects the settlement in cash pursuant to the terms of the award of 4,260 restricted stock units that vested pursuant to the award on March 30, 2023. On March 30, 2023, the closing price of OCN common stock was $25.92. |
| 7 | Derivative | Restricted Stock Units | 2023-03-30 | M | D | 967 | $0.00 | 0 | D | — · — to — | 967 Common Stock | (F1) On March 30, 2020, the reporting person was granted 2,900 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 transaction reported reflects the settlement in cash pursuant to the terms of the award of 967 restricted stock units that vested pursuant to the award on March 30, 2023. On March 30, 2023, the closing price of OCN common stock was $25.92. (F3) Not applicable. |
| 8 | Derivative | Restricted Stock Units | 2023-03-31 | M | D | 646 | $0.00 | 1,294 | D | — · — to — | 646 Common Stock | (F4) On March 31, 2022, the reporting person was granted 1,940 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 closing price of one share of OCN common stock on the applicable vesting date. The transaction reported reflects the settlement in cash pursuant to the terms of the award of 646 restricted stock units that vested pursuant to the award on March 31, 2023. On March 31, 2023, the closing price of OCN common stock was $27.12. (F3) Not applicable. |
| 9 | Derivative | Restricted Stock Units | 2023-03-30 | M | D | 4,260 | $0.00 | 0 | D | — · — to — | 4,260 Common Stock | (F2) On March 30, 2020, the reporting person was granted a target of 2,900 restricted stock units subject to both a performance-based condition and a time-based vesting schedule. Share number has been adjusted to give effect to the issuer's one-for-15 reverse stock split effective August 13, 2020. On March 30, 2023, the award vested at 147% of target 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. The transaction reported reflects the settlement in cash pursuant to the terms of the award of 4,260 restricted stock units that vested pursuant to the award on March 30, 2023. On March 30, 2023, the closing price of OCN common stock was $25.92. (F3) Not applicable. |