Jesse K. Bray - Mar 23, 2023 Form 4 Insider Report for Mr. Cooper Group Inc. (COOP)

Signature
Katherine K. Connell, Attorney-in-Fact
Stock symbol
COOP
Transactions as of
Mar 23, 2023
Transactions value $
$0
Form type
4
Date filed
3/27/2023, 04:28 PM
Previous filing
Mar 10, 2023
Next filing
Mar 29, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction COOP 2023 Performance Stock Units Award $0 +83.2K $0.00 83.2K Mar 23, 2023 Common Stock 83.2K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of a target number of performance share units ("PSUs") which are eligible to vest and be settled into shares of Common Stock in an amount between 0% and 200% of the target based on achievement of tangible book value and relative TSR vesting criteria over a period of three years from January 1, 2023 to December 31, 2025. The PSUs are eligible to vest on the later of (a) the date Issuer's Compensation Committee certifies the achievement of the performance hurdles and (b) March 1, 2026.