Form 4 for ONIT ONITY GROUP INC.
Accepted 2024-04-05 00:00:00 ET · period of report 2024-04-03 · accession 0001493152-24-013366 · 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 | 2024-04-05 | 2024-04-03 | ONIT | Peach James Andrew | EVP, Chief Lending Off | M - OptEx | — | +742 | 742 | New | — |
| D | 2024-04-05 | 2024-04-03 | ONIT | Peach James Andrew | EVP, Chief Lending Off | D - Sale to Iss | — | -742 | 0 | -100% | — |
| D | 2024-04-05 | 2024-04-03 | ONIT | Peach James Andrew | EVP, Chief Lending Off | M - OptEx | $0.00 | -742 | 1,486 | -33% | $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 | 2024-04-03 | M | A | 742 | — | 742 | D | — | — | (F1) On April 3, 2023, the reporting person was granted 2,228 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 vesting date. The transaction reported reflects the settlement in cash pursuant to the terms of the award of 742 restricted stock units that vested pursuant to the award on April 3, 2024. On April 3, 2024, the closing price of OCN common stock was $24.84. |
| 2 | Common | Common Stock | 2024-04-03 | D | D | 742 | — | 0 | D | — | — | (F1) On April 3, 2023, the reporting person was granted 2,228 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 vesting date. The transaction reported reflects the settlement in cash pursuant to the terms of the award of 742 restricted stock units that vested pursuant to the award on April 3, 2024. On April 3, 2024, the closing price of OCN common stock was $24.84. |
| 3 | Derivative | Restricted Stock Units | 2024-04-03 | M | D | 742 | $0.00 | 1,486 | D | — · — to — | 742 Common Stock | (F1) On April 3, 2023, the reporting person was granted 2,228 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 vesting date. The transaction reported reflects the settlement in cash pursuant to the terms of the award of 742 restricted stock units that vested pursuant to the award on April 3, 2024. On April 3, 2024, the closing price of OCN common stock was $24.84. (F2) Not applicable. |