ALTISOURCE PORTFOLIO SOLUTIONS S.A. — Director's Dealing 2017

Sep 5, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Altisource Portfolio Solutions S.A. (ASPS)
CIK: 0001462418
Period of Report: 2017-09-01

Reporting Person: WILCOX KEVIN JAMES (Chief Admin & Risk Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-09-01	Common Stock	M	39167	$9.14	Acquired	116969	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-09-01	Stock Options	$9.14	M	1668	Disposed	2018-07-14	Common Stock (1668)	Direct
2017-09-01	Stock Options	$9.14	M	12917	Disposed	2018-07-14	Common Stock (12917)	Direct
2017-09-01	Stock Options	$9.14	M	24582	Disposed	2018-07-14	Common Stock (24582)	Direct

Footnotes

F1: Acquired by the exercise of options granted pursuant to a stock option award that expires on July 14, 2018. Mr. Wilcox elected to pay the exercise price and taxes associated with all 39,167 exercised options and retain the resulting 39,167 shares.

F2: Includes (i) 13,667 time-based restricted shares of ASPS common stock, which are scheduled to vest (and will be issued) in two equal installments on the third and fourth anniversaries of the April 15, 2015 grant date (i.e., April 15, 2018 and April 15, 2019) and (ii) 3,016 time-based restricted shares of ASPS common stock, which are scheduled to vest (and will be issued) in three equal installments on the first, second and third anniversaries of the April 7, 2017 grant date (i.e., April 7, 2018, April 7, 2019 and April 7, 2020). Mr. Wilcox has no voting rights with respect to these shares until they vest.

F3: Following the reported transaction, Mr. Wilcox holds 117,501 vested options relating to this grant and an additional 132,667 vested options from other grants for a total of 250,168 vested options.