SEC Form 4 · accession 0001104659-15-057337
ONITY GROUP INC. · ONIT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Devaney
10% Owner
Period of report
Aug 4, 2015
Accepted (ET)
Aug 6, 2015 · 8:16 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000873860
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Aug 4, 2015 | S | 3,000 | $7.97 | D | 12,349,620 | I | See footnote |
| Common StockF1,F2 | Aug 4, 2015 | S | 5,000 | $8.00 | D | 12,344,620 | I | See footnote |
| Common StockF1,F2 | Aug 4, 2015 | S | 5,000 | $7.99 | D | 12,339,620 | I | See footnote |
| Common StockF1,F2 | Aug 4, 2015 | S | 7,000 | $7.99 | D | 12,332,620 | I | See footnote |
| Common StockF1,F2 | Aug 4, 2015 | S | 4,000 | $7.98 | D | 12,328,620 | I | See footnote |
| Common StockF1,F2 | Aug 4, 2015 | S | 5,000 | $7.97 | D | 12,323,620 | I | See footnote |
| Common StockF1,F2 | Aug 4, 2015 | S | 7,000 | $7.96 | D | 12,316,620 | I | See footnote |
| Common StockF1,F2 | Aug 4, 2015 | S | 7,000 | $7.97 | D | 12,309,620 | I | See footnote |
| Common StockF1,F2 | Aug 4, 2015 | S | 7,000 | $7.96 | D | 12,302,620 | I | See footnote |
| Common StockF1,F2 | Aug 4, 2015 | S | 7,000 | $7.96 | D | 12,295,620 | I | See footnote |
| Common StockF1,F2 | Aug 4, 2015 | S | 8,000 | $7.96 | D | 12,287,620 | I | See footnote |
| Common StockF1,F2 | Aug 4, 2015 | S | 8,000 | $7.95 | D | 12,279,620 | I | See footnote |
| Common StockF1,F2 | Aug 4, 2015 | S | 9,000 | $7.94 | D | 12,270,620 | I | See footnote |
| Common StockF1,F3 | Aug 4, 2015 | S | 2,000 | $7.94 | D | 12,268,620 | I | See footnote |
| Common StockF1,F3 | Aug 4, 2015 | S | 1,000 | $7.95 | D | 12,267,620 | I | See footnote |
| Common StockF1,F3 | Aug 4, 2015 | S | 3,000 | $7.93 | D | 12,264,620 | I | See footnote |
| Common StockF1,F2 | Aug 4, 2015 | S | 7,000 | $8.00 | D | 12,257,620 | I | See footnote |
| Common StockF1,F2 | Aug 4, 2015 | S | 7,000 | $7.99 | D | 12,250,620 | I | See footnote |
| Common StockF1,F2 | Aug 4, 2015 | S | 609 | $7.98 | D | 12,250,011 | I | See footnote |
| Common StockF1,F2 | Aug 4, 2015 | S | 2,800 | $7.95 | D | 12,247,211 | I | See footnote |
| Common StockF1,F2 | Aug 4, 2015 | S | 3,900 | $7.94 | D | 12,243,311 | I | See footnote |
| Common StockF1,F2 | Aug 4, 2015 | S | 4,300 | $7.93 | D | 12,239,011 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price provided in this column represents the average price per share of the transaction.
- F2The reported securities are owned indirectly by D. John Devaney ("Devaney"). Devaney controls United Real Estate Ventures, Inc. ("UREVI"), the entity that sold the shares of the issuer's common stock in the reported transactions. Prior to the transactions reported on this Form 4, Devaney directly, through personal accounts and retirement accounts, and indirectly, through United Aviation Holdings, Inc. ("UAHI"), United Capital Markets, Inc. ("UCMI"), United Capital Markets Holdings, Inc. ("UCMHI"), and UREVI, all entities controlled by Devaney, beneficially owned 12,352,620 shares of the issuer's common stock through a combination of non-derivative securities and derivative securities of the issuer.
- F3The reported securities are owned indirectly by Devaney. Devaney controls UCMI, the entity that sold the shares of the issuer's common stock in the reported transactions. Prior to the transactions reported on this Form 4, Devaney directly, through personal accounts and retirement accounts, and indirectly, through UAHI, UCMI, UCMHI, and UREVI, all entities controlled by Devaney, beneficially owned 12,352,620 shares of the issuer's common stock through a combination of non-derivative securities and derivative securities of the issuer.