SEC Form 4 · accession 0001140361-17-002431
ONITY GROUP INC. · ONIT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William C Erbey
10% Owner
Period of report
Jan 18, 2017
Accepted (ET)
Jan 20, 2017 · 5:00 pm EST
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 | Jan 18, 2017 | X | 51,500 | $2.50 | D | 8,962,352 | I | By Tribue Limited Partnership |
| Common StockF1 | Jan 18, 2017 | X | 12,800 | $3.50 | D | 8,949,552 | I | By Tribue Limited Partnership |
| Common StockF1 | Jan 18, 2017 | X | 400 | $4.00 | D | 8,949,152 | I | By Tribue Limited Partnership |
| Common Stock | holding | — | — | — | 69,805 | D | ||
| Common Stock | holding | — | — | — | 7,849,704 | I | By Munus, L.P. | |
| Common Stock | holding | — | — | — | 1,000,000 | I | By Salt Pond Holdings, LLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Call Options (obligation to sell)F1 | $2.50 | Jan 18, 2017 | X | 515 | D | Apr 29, 2016 | Jan 20, 2017 | Common Stock | 51,500 | 1,935 | I |
| Call Options (obligation to sell)F1 | $3.50 | Jan 18, 2017 | X | 128 | D | Apr 29, 2016 | Jan 20, 2017 | Common Stock | 12,800 | 2,362 | I |
| Call Options (obligation to sell)F1 | $4.00 | Jan 18, 2017 | X | 4 | D | Apr 29, 2016 | Jan 20, 2017 | Common Stock | 400 | 2,496 | I |
Explanation of responses
- F1On January 18, 2017, call options previously written by Tribue Limited Partnership were exercised.