WMIH Corp.'s Vice Chairman & CFO just disposed of 563 shares

Christopher G Marshall, WMIH Corp.'s Vice Chairman & CFO, recently disposed of 563 shares of the company. The disposals took place at prices ranging from $0.00 to $31.45 per share, on March 01, 2021. Marshall still owns 733,549 shares of the company. Marshall operates out of Coppell, TX. Some additional info was provided as follows:


On March 1, 2021, 84,358 performance stock units ("PSUs") vested and converted into shares of Common Stock, par value $.01 per share, pursuant to the terms of the award agreement dated March 13, 2020, which was subject to the achievement of total shareholder return ("TSR") performance vesting criteria that was determined to have been satisfied on March 1, 2021.
Number of shares forfeited to pay tax withholding obligations upon the v esting of PSUs granted by the Issuer under the 2019 Omnibus Incentive Plan.
Number of shares forfeited to pay tax withholding obligations upon the vesting of restricted stock units granted by the Issuer under the Nationstar Mortgage Holdings Inc. Second Amended and Restated 2012 Incentive Compensation Plan.
Converts to Common Stock on a one-for-one basis.
The PSUs vest, if at all and to the extent of specified TSR performance, over a period of three years from March 1, 2020, with one-third of the units eligible to vest based on performance through March 1, 2021.
The number of shares of Common Stock that would be received upon vesting of the PSUs, if any, may vary from 0% to 200% of the number shown depending on specified TSR performance over the relevant vesting period.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

WMIH Corp. director just disposed of 12,701 shares - May 21, 2021

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