Form 4 for ONIT ONITY GROUP INC.
Accepted 2024-03-05 00:00:00 ET · period of report 2024-03-02 · accession 0001493152-24-008858 · 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 | Messina Glen A. | Pres, CEO, Dir | M - OptEx | — | +82.0K | 230.2K | +55% | — |
| DM | 2024-03-05 | 2024-03-02 | ONIT | Messina Glen A. | Pres, CEO, Dir | F - Tax | $26.10 | -37.3K | 221.5K | -14% | -$972.6K |
| DM | 2024-03-05 | 2024-03-02 | ONIT | Messina Glen A. | Pres, CEO, Dir | M - OptEx | $0.00 | -82.0K | 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 | M | A | 62,811 | — | 284,324 | D | — | — | (F4) On March 2, 2021, the reporting person was granted 57,587 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. (F2) Includes 23,554 shares held jointly with spouse. |
| 2 | Common | Common Stock | 2024-03-02 | F | D | 28,541 | $26.10 | 255,783 | D | — | — | (F3) Shares withheld pursuant to terms of the award to cover tax withholding obligations. (F2) Includes 23,554 shares held jointly with spouse. |
| 3 | Common | Common Stock | 2024-03-02 | F | D | 8,723 | $26.10 | 221,513 | D | — | — | (F3) Shares withheld pursuant to terms of the award to cover tax withholding obligations. (F2) Includes 23,554 shares held jointly with spouse. |
| 4 | Common | Common Stock | 2024-03-02 | M | A | 19,196 | — | 230,236 | D | — | — | (F1) On March 2, 2021, the reporting person was granted 57,586 restricted stock units scheduled to vest in three equal annual installments on the first, second, and third anniversaries of grant. Each restricted stock unit represents a contingent right to receive one share of OCN common stock on the vesting date. (F2) Includes 23,554 shares held jointly with spouse. |
| 5 | Derivative | Restricted Stock Units | 2024-03-02 | M | D | 62,811 | $0.00 | 0 | D | — · — to — | 62,811 Common Stock | (F4) On March 2, 2021, the reporting person was granted 57,587 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. (F5) Not applicable. |
| 6 | Derivative | Restricted Stock Units | 2024-03-02 | M | D | 19,196 | $0.00 | 0 | D | — · — to — | 19,196 Common Stock | (F1) On March 2, 2021, the reporting person was granted 57,586 restricted stock units scheduled to vest in three equal annual installments on the first, second, and third anniversaries of grant. Each restricted stock unit represents a contingent right to receive one share of OCN common stock on the vesting date. (F5) Not applicable. |