AZ,
How have you been ?
MW also got a boatload of free shares while being a director, close to 600,000 shares of WMIH when he resigned from the BOD. That is roughly 50,000 of today's COOP shares - it is all in the filings. The way I look at it he is up 3x times on his original investment plus of course cash compensation as described in the filings.
On a different note, COOP just refinanced 600M of debt which were coming due fast, now the pressure is off...and...and the new debt could be redeemed for by equity offerings up to 40%...that's is a good thing.
Cheers,
Uncle Bo