SEC Form 4 · accession 0001140361-18-011707

ONITY GROUP INC. · ONIT

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Leon G Cooperman

10% Owner

Period of report

Feb 28, 2018

Accepted (ET)

Mar 2, 2018 · 5:11 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 Stock^F1	Feb 28, 2018	P	125,948	$3.5872	A	3,606,181	I	Omega Capital Partners LP
Common Stock^F2	Feb 28, 2018	P	61,500	$3.5872	A	2,121,839	I	Omega Equity Investors LP
Common Stock^F3	Feb 28, 2018	P	32,700	$3.5872	A	944,380	I	Omega Capital Investors LP
Common Stock^F4	Feb 28, 2018	P	66,400	$3.5872	A	1,715,566	I	Omega Overseas Partners Ltd
Common Stock^F5	Feb 28, 2018	P	27,900	$3.5872	A	5,810,868	I	Omega Credit Opportunities Master Fund LP
Common Stock^F1	Mar 1, 2018	P	74,463	$3.5303	A	3,680,644	I	Omega Capital Partners LP
Common Stock^F2	Mar 1, 2018	P	49,200	$3.5303	A	2,171,039	I	Omega Equity Investors LP
Common Stock^F3	Mar 1, 2018	P	19,600	$3.5303	A	963,980	I	Omega Capital Investors LP
Common Stock^F4	Mar 1, 2018	P	35,100	$3.5303	A	1,750,666	I	Omega Overseas Partners Ltd
Common Stock^F5	Mar 1, 2018	P	17,800	$3.5303	A	5,828,668	I	Omega Credit Opportunities Master Fund LP
Common Stock^F5	Mar 2, 2018	P	29,187	$3.542	A	5,857,855	I	Omega Credit Opportunities Master Fund LP
Common Stock	holding	—	—		—	1,000,000	D
Common Stock^F6	holding	—	—		—	500,000	I	Spouse

Table II — derivative securities

No Table II lines on this filing.

Explanation of responses

F1The securities are held in the account of Omega Capital Partners, LP, a private investment entity over which the reporting person has investment discretion. The reporting person disclaims ownership except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
F2The securities are held in the account of Omega Equity Investors, LP, a private investment entity over which the reporting person has investment discretion. The reporting person disclaims ownership except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
F3The securities are held in the account of Omega Capital Investors, LP, a private investment entity over which the reporting person has investment discretion. The reporting person disclaims ownership except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
F4The securities are held in the account of Omega Overseas Partners Ltd, a private investment entity over which the reporting person has investment discretion. The reporting person disclaims ownership except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
F5The securities are held in the account of Omega Credit Opportunities Master Fund L.P., a private investment entity over which the reporting person has investment discretion. The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
F6The securities are held in the account of Toby Cooperman over which the reporting person has investment discretion. The reporting person disclaims beneficial ownership, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.