Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ONIT | Restricted Stock Units | Award | $0 | +8.94K | $0.00 | 8.94K | Mar 15, 2025 | Common Stock | 8.94K | Direct | F1, F2 | ||
transaction | ONIT | Restricted Stock Units | Award | $0 | +8.94K | $0.00 | 8.94K | Mar 15, 2025 | Common Stock | 8.94K | Direct | F2, F3 |
Id | Content |
---|---|
F1 | On March 15, 2025, the reporting person was granted 8,936 restricted stock units scheduled to vest in three equal annual installments on the first, second, and third anniversaries of grant subject to the reporting person's continued employment and certain other conditions. Each restricted stock unit represents a contingent right to receive a cash payment equal to the closing price of one share of ONIT common stock on the applicable vesting date. |
F2 | Not applicable |
F3 | On March 15, 2025, the reporting person was granted 8,937 restricted stock units subject to both a performance-based condition and a time-based vesting schedule. Each restricted stock unit represents a contingent right to receive a cash payment equal to the closing price of one share of ONIT common stock on the applicable vesting date. Between 0% and 200% of the target number of units will be eligible to vest on March 15, 2028 based on the relative ranking of the Issuer's absolute total shareholder return compared to the absolute total shareholder return of companies within the Issuer's pre-established peer group at designated measurement periods. |