Form 4 for ONIT ONITY GROUP INC.
Accepted 2024-04-02 00:00:00 ET · period of report 2024-03-29 · accession 0001493152-24-012799 · 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 | 2024-04-02 | 2024-03-31 | ONIT | Grunenwald Francois | CAO | M - OptEx | — | 0 | 1,181 | New | — |
| D | 2024-04-02 | 2024-03-31 | ONIT | Grunenwald Francois | CAO | D - Sale to Iss | — | -1,181 | 0 | -100% | — |
| D | 2024-04-02 | 2024-03-31 | ONIT | Grunenwald Francois | CAO | M - OptEx | $0.00 | -1,181 | 1,182 | -50% | $0 |
| DM | 2024-04-02 | 2024-03-29 | ONIT | Grunenwald Francois | CAO | A - Grant | $0.00 | +7,710 | 3,855 | New | $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 | 2024-03-31 | M | A | 0 | — | 1,181 | D | — | — | (F1) On March 31, 2022, the reporting person was granted 3,544 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 1,181 restricted stock units that vested pursuant to the award on March 31, 2024. On March 31, 2024, the closing price of OCN common stock was $27.01. |
| 2 | Common | Common Stock | 2024-03-31 | D | D | 1,181 | — | 0 | D | — | — | (F1) On March 31, 2022, the reporting person was granted 3,544 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 1,181 restricted stock units that vested pursuant to the award on March 31, 2024. On March 31, 2024, the closing price of OCN common stock was $27.01. |
| 3 | Derivative | Restricted Stock Units | 2024-03-31 | M | D | 1,181 | $0.00 | 1,182 | D | — · — to — | 1,181 Common Stock | (F1) On March 31, 2022, the reporting person was granted 3,544 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 1,181 restricted stock units that vested pursuant to the award on March 31, 2024. On March 31, 2024, the closing price of OCN common stock was $27.01. (F2) Not applicable. |
| 4 | Derivative | Restricted Stock Units | 2024-03-29 | A | A | 3,855 | $0.00 | 3,855 | D | — · — to — | 3,855 Common Stock | (F3) On March 29, 2024, the reporting person was granted 3,855 restricted stock units scheduled to vest in three 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. (F2) Not applicable. |
| 5 | Derivative | Restricted Stock Units | 2024-03-29 | A | A | 3,855 | $0.00 | 3,855 | D | — · — to — | 3,855 Common Stock | (F4) On March 29, 2024, the reporting person was granted 3,855 restricted stock units subject to both a performance-based condition and a time-based vesting schedule. 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. Between 0% and 200% of the target number of units will be eligible to vest on March 29, 2027 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) Not applicable. |