SEC Form 4 · accession 0000899243-18-020268
DITECH HOLDING Corp · DHCP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas F. Marano
Officer — Chief Executive Officer · Director
Period of report
Jul 18, 2018
Accepted (ET)
Jul 20, 2018 · 4:32 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001040719
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Stock UnitsF1 | — | Jul 18, 2018 | A | 200,000 | A | — | — | Common Stock | 200,000 | 200,000 | D |
Explanation of responses
- F1Reflects target number of Performance Stock Units ("PSUs"), granted pursuant to Issuer's 2018 Equity Incentive Plan, as amended and restated, which are equivalent to one share of Common Stock. PSUs earned under the award, if any, will range from 20% to 250% of the reported amount, based on the average closing price of the Issuer's Common Stock for the 20 trading days prior to April 18, 2019 (the "Measurement Date"), and will vest in equal installments on the Measurement Date and the first anniversary thereof, subject to continued service.