SEC Form 4 · accession 0000899243-18-021179
Nationstar Mortgage Holdings Inc. · NSM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brett Hawkins
Director
Period of report
Jul 31, 2018
Accepted (ET)
Aug 2, 2018 · 4:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001520566
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 31, 2018 | D | 18,347 | — | D | 0 | D | |
| Common StockF2,F1 | Jul 31, 2018 | M | 17,935 | — | A | 17,935 | D | |
| Common StockF2,F1 | Jul 31, 2018 | D | 17,935 | — | D | 0 | 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 UnitsF2 | $0.00 | Jul 31, 2018 | M | 17,935 | D | — | — | Common Stock | 17,935 | 0 | D |
Explanation of responses
- F1Each share of Common Stock was disposed of pursuant to the Agreement and Plan of Merger (the "Merger Agreement), dated as of February 12, 2018, by and among the issuer, WMIH Corp. ("WMIH") and Wand Merger Corporation, a wholly owned subsidiary of WMIH, in exchange for either (i) $18.00 in cash, without interest (the "Cash Election Consideration") or (ii) 12.7793 shares of validly issued, fully paid and nonassessable shares of common stock, par value $0.00001 per share, of WMIH (the "Stock Election Consideration"), in each case, subject to the merger consideration election made by the reporting person and the proration and adjustments set forth in the Merger Agreement.
- F2Represents Restricted Stock Unit awards granted on or after February 12, 2018 that vested in accordance with their terms upon the reporting person's cessation of service as a director of the issuer in connection with the consummation of the transactions contemplated by the Merger Agreement. These Restricted Stock Units were automatically assumed by WMIH and converted into WMIH restricted stock unit awards, with respect to a number of WMIH shares equal to the number of shares of Common Stock underlying the awards multiplied by the exchange ratio set forth in the Merger Agreement (12.7793).