Form 4 for ONIT ONITY GROUP INC.
Accepted 2024-03-05 00:00:00 ET · period of report 2024-03-02 · accession 0001493152-24-008857 · 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 | 2024-03-05 | 2024-03-02 | ONIT | Grunenwald Francois | SVP, Chief Account. Off | D - Sale to Iss | — | -5,020 | 0 | -100% | — |
| DM | 2024-03-05 | 2024-03-02 | ONIT | Grunenwald Francois | SVP, Chief Account. Off | M - OptEx | — | +5,020 | 1,175 | New | — |
| DM | 2024-03-05 | 2024-03-02 | ONIT | Grunenwald Francois | SVP, Chief Account. Off | M - OptEx | $0.00 | -5,020 | 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 | 2024-03-02 | D | D | 3,845 | — | 0 | D | — | — | (F2) On March 2, 2021, the reporting person was granted 3,525 restricted stock units subject to both a performance-based condition and a time-based vesting schedule. On March 2, 2024, the award vested at 109% 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 3,845 restricted stock units that vested pursuant to the award on March 2, 2024. On March 1, 2024, the last trading day prior to the vesting date, the closing price of OCN common stock was $26.10. |
| 2 | Common | Common Stock | 2024-03-02 | M | A | 3,845 | — | 3,845 | D | — | — | (F2) On March 2, 2021, the reporting person was granted 3,525 restricted stock units subject to both a performance-based condition and a time-based vesting schedule. On March 2, 2024, the award vested at 109% 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 3,845 restricted stock units that vested pursuant to the award on March 2, 2024. On March 1, 2024, the last trading day prior to the vesting date, the closing price of OCN common stock was $26.10. |
| 3 | Common | Common Stock | 2024-03-02 | 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. 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 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, 2024. On March 1, 2024, the last trading day prior to the vesting date, the closing price of OCN common stock was $26.10. |
| 4 | Common | Common Stock | 2024-03-02 | 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. 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 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, 2024. On March 1, 2024, the last trading day prior to the vesting date, the closing price of OCN common stock was $26.10. |
| 5 | Derivative | Restricted Stock Units | 2024-03-02 | M | D | 1,175 | $0.00 | 0 | 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. 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 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, 2024. On March 1, 2024, the last trading day prior to the vesting date, the closing price of OCN common stock was $26.10. (F3) Not applicable. |
| 6 | Derivative | Restricted Stock Units | 2024-03-02 | M | D | 3,845 | $0.00 | 0 | D | — · — to — | 3,845 Common Stock | (F2) On March 2, 2021, the reporting person was granted 3,525 restricted stock units subject to both a performance-based condition and a time-based vesting schedule. On March 2, 2024, the award vested at 109% 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 3,845 restricted stock units that vested pursuant to the award on March 2, 2024. On March 1, 2024, the last trading day prior to the vesting date, the closing price of OCN common stock was $26.10. (F3) Not applicable. |