SEC Form 4 · accession 0001019056-15-000473
ONITY GROUP INC. · ONIT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
DeForest B. Soaries Jr.
Director
Period of report
May 8, 2015
Accepted (ET)
May 12, 2015 · 9:08 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000873860
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | $0.00 | May 8, 2015 | A | 2,373 | A | — | — | Common Stock | 2,373 | 2,373 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- F2The restricted stock units vest on June 1, 2015. Vested shares will be delivered to the reporting person on the six-month anniversary of the date the reporting person's service on the board of directors terminates.