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If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
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Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) |
The shares of common stock of Nationstar Mortgage Holdings Inc. (the "Issuer") reported herein (the "Shares") include 428,572 Shares (the "Restricted Shares") that were granted by the Issuer under its 2012 Incentive Compensation Plan. The Restricted Shares vest over a three-year period, with one third of the Restricted Shares vesting on each of the first, second and third anniversaries of the grant date, March 7, 2012, subject to the reporting person's continued employment and service as a director with the Issuer. |
(2) |
The Shares include 283,949 unregistered Shares that were exchanged by the Issuer for Series 1 Class A membership units ("Class A Units") in FIF HE Holdings LLC pursuant to a Unit Exchange, dated February 24, 2012 (the "Unit Exchange"). These unregistered Shares are subject to a lock-up agreement effective March 7, 2012 (the "Lock-up"). |
(3) |
The Shares include 208,473 unvested, unregistered Shares (the "Restricted Exchange Shares") that were exchanged by the Issuer for unvested Class A Units pursuant to the Unit Exchange. The Restricted Exchange Shares shall fully vest on June 30, 2012 (the "Vesting Date"), subject to the reporting person's continued employment and service as a director with the Issuer, and are subject to the Lock-up. On the Vesting Date, the reporting person may deliver shares of the Issuer's common stock to Nationstar Mortgage LLC in an amount equal to the amount of tax required to be withheld by Nationstar Mortgage LLC. |