ALTISOURCE PORTFOLIO SOLUTIONS S.A. — Director's Dealing 2015

Nov 12, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Altisource Portfolio Solutions S.A. (ASPS)
CIK: 0001462418
Period of Report: 2015-11-10

Reporting Person: ERBEY WILLIAM C (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-11-10	Common Stock	M	23269	$11.02	Acquired	23978	Direct
2015-11-10	Common Stock	S	23269	$28.25	Disposed	709	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-11-10	Stock Options	$11.02	M	23269	Disposed	2016-01-31	Common Stock (23269)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5952489	Indirect

Footnotes

F1: These options were granted pursuant to a stock option award that expires on January 31, 2016.

F2: 80% of these stock options vested on August 10, 2009, while the remaining 20% vested on January 31, 2010.