SEC Form 4 · accession 0001209191-17-052510
PHH CORP · PHH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carroll R Wetzel
Director
Period of report
Sep 11, 2017
Accepted (ET)
Sep 12, 2017 · 9:16 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000077776
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Sep 11, 2017 | S | 21,000 | $14.25 | D | 28,196 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the number of shares tendered by the reporting person pursuant to PHH Corporation's modified "Dutch auction" tender offer, which expired at 12:01 a.m., New York City time, on September 11, 2017. All such shares were tendered consistent with the PHH Corporation Non-Employee Director and Employee Share Ownership and Retention Policy.
- F2All shares reported in Column 5 are subject to the PHH Corporation Non-Employee Director and Employee Share Ownership and Retention Policy.