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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Kelleher Kevin J C/O REALOGY HOLDINGS CORP. ONE CAMPUS DRIVE PARSIPPANY, NJ 07054 |
Pres/CEO, Cartus Corporation |
/s/ Seth I. Truwit, Attorney-in-Fact for Kevin J. Kelleher | 12/21/2012 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Represents shares issued under the 2007 Stock Incentive Plan pursuant to the terms of the 2012 Realogy Executive Incentive Plan ("EIP"), prior to the withholding of shares to pay applicable withholding taxes described in footnote (3). |
(2) | Reporting Person received 11/12ths of total payment under the EIP, with the balance payable in cash in March 2013 and subject to adjustment based upon full year 2012 audited results. One half of bonus was above target based upon corporate performance and one-half below based upon business unit performance. Pursuant to the EIP, Reporting Person received 57% of December 2012 bonus in stock as follows: (1) a number of shares equal to 70% of the dollar amount of the bonus payable in December 2012 for performance below target divided by the closing sale price of the common stock on December 19, 2012 plus (2) a number of shares equal to the product of 1.2 multiplied by 50% of the dollar amount of the bonus payable in December 2012 exceeding target divided by the closing sale price of the common stock on December 19, 2012. |
(3) | These shares were withheld in order to pay applicable withholding taxes upon issuance of shares described in footnote (1) and (2). |
(4) | Shares subject to existing lock-up arrangements in connection with the Company's initial public offering. |
Remarks: Exhibit 24.1 - Power of Attorney of Kevin J. Kelleher.* *Previously filed |