SEC Form 4 · accession 0000933136-18-000024
Mr. Cooper Group Inc. · COOP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael R Rawls
Officer — EVP, SERVICING
Period of report
Dec 1, 2018
Accepted (ET)
Dec 4, 2018 · 6:57 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000933136
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Dec 1, 2018 | A | 66,943 | $0.00 | A | 145,735 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Issuer's Board of Directors approved a special restricted stock unit ("RSU") retention award to the Reporting Person pursuant to the Nationstar Mortgage Holdings Inc. Second Amended and Restated 2012 Incentive Compensation Plan and subject to the terms and conditions of the award agreement. Each RSU represents a contingent right to receive one share of Issuer's Common Stock. The RSUs vest over a three-year period, with 33.3% vesting on each of March 1, 2020 and March 1, 2021 and 33.4% vesting on March 1, 2022, subject to the Reporting Person's continued service as an employee of Issuer.
- F2Reflects 1-for-12 reverse stock split on October 10, 2018.