SEC Form 4 · accession 0000899243-18-011519
DITECH HOLDING Corp · DHCP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Seth Llwellyn Bartlett
Director
Period of report
May 2, 2018
Accepted (ET)
May 4, 2018 · 4:35 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001040719
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 2, 2018 | M | 31,454 | — | A | 31,454 | D | |
| Common Stock | May 2, 2018 | D | 12,582 | $5.50 | D | 18,872 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | May 2, 2018 | A | 31,454 | A | May 2, 2018 | May 2, 2018 | Common Stock | 31,454 | 31,454 | D |
| Restricted Stock UnitsF1 | — | May 2, 2018 | M | 31,454 | D | May 2, 2018 | May 2, 2018 | Common Stock | 31,454 | 0 | D |
Explanation of responses
- F1Restricted Stock Units ("RSUs"), granted pursuant to Issuer's 2018 Equity Incentive Plan, as amended and restated, are equivalent to one share of Common Stock. The Reporting Person elected to have such RSUs settle immediately upon grant, and elected to settle 40% of the value of the RSUs for cash.