Form 4 for ONIT ONITY GROUP INC.
Accepted 2024-04-02 00:00:00 ET · period of report 2024-03-29 · accession 0001493152-24-012803 · 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 | Samarias Joseph J | EVP, CLO | F - Tax | $27.01 | -723 | 12.6K | -5% | -$19.5K |
| D | 2024-04-02 | 2024-03-31 | ONIT | Samarias Joseph J | EVP, CLO | M - OptEx | — | +1,838 | 13.3K | +16% | — |
| D | 2024-04-02 | 2024-03-31 | ONIT | Samarias Joseph J | EVP, CLO | M - OptEx | $0.00 | -1,838 | 1,838 | -50% | $0 |
| DM | 2024-04-02 | 2024-03-29 | ONIT | Samarias Joseph J | EVP, CLO | A - Grant | $0.00 | +11.5K | 5,741 | 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 | F | D | 723 | $27.01 | 12,623 | D | — | — | (F2) Shares withheld pursuant to terms of the award to cover tax withholding obligations. |
| 2 | Common | Common Stock | 2024-03-31 | M | A | 1,838 | — | 13,346 | D | — | — | (F1) On March 31, 2022, the reporting person was granted 5,514 restricted stock units scheduled to vest in three equal annual installments on the first, second, and third anniversaries of grant subject to continued employment and certain other conditions. Each restricted stock unit represents a contingent right to receive one share of OCN common stock on the vesting date. |
| 3 | Derivative | Restricted Stock Units | 2024-03-31 | M | D | 1,838 | $0.00 | 1,838 | D | — · — to — | 1,838 Common Stock | (F1) On March 31, 2022, the reporting person was granted 5,514 restricted stock units scheduled to vest in three equal annual installments on the first, second, and third anniversaries of grant subject to continued employment and certain other conditions. Each restricted stock unit represents a contingent right to receive one share of OCN common stock on the vesting date. (F3) Not applicable. |
| 4 | Derivative | Restricted Stock Units | 2024-03-29 | A | A | 5,740 | $0.00 | 5,740 | D | — · — to — | 5,740 Common Stock | (F4) On March 29, 2024, the reporting person was granted 5,740 restricted stock units scheduled to vest in three equal annual installments on the first, second, and third anniversaries of grant subject to continued employment and certain other conditions. Each restricted stock unit represents a contingent right to receive one share of OCN common stock on the vesting date. (F3) Not applicable. |
| 5 | Derivative | Restricted Stock Units | 2024-03-29 | A | A | 5,741 | $0.00 | 5,741 | D | — · — to — | 5,741 Common Stock | (F5) On March 29, 2024, the reporting person was granted 5,741 restricted stock units subject to both a performance-based condition and a time-based vesting schedule. 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. (F3) Not applicable. |