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

Apr 18, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Altisource Portfolio Solutions S.A. (ASPS)
CIK: 0001462418
Period of Report: 2017-04-15

Reporting Person: BHANDARI VIVEK (President, REIS)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-04-15	Common Stock	F	880.0000	$42.7800	Disposed	6228.0000	Direct

Footnotes

F1: Represents shares surrendered by Mr. Bhandari for tax withholdings due as a result of the vesting of 1,867 restricted shares. The shares were surrendered pursuant to the terms of his April 15, 2015 Restricted Stock Award Agreement. Pursuant to the terms of the Restricted Stock Award Agreement, the price per share used to determine the tax withholdings was the opening price of the Company's common stock on April 17, 2017.

F2: Includes (i) 3,733 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) 1,508 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. Bhandari has no voting rights with respect to these shares until they vest.