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ALTISOURCE PORTFOLIO SOLUTIONS S.A. — Director's Dealing 2018
Apr 17, 2018
34042_dirs_2018-04-17_2a231c5d-937d-4650-aef3-412fe3084767.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Altisource Portfolio Solutions S.A. (ASPS)
CIK: 0001462418
Period of Report: 2018-04-15
Reporting Person: Esterman Michelle D. (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-04-15 | Common Stock | F | 1628.0000 | $25.5500 | Disposed | 12402.0000 | Direct |
Footnotes
F1: Represents shares surrendered by Ms. Esterman for tax withholdings due as a result of the vesting of 4,834 restricted shares of ASPS common stock. The shares were surrendered pursuant to the terms of her 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 ASPS common stock on April 16, 2018.
F2: Includes (i) 4,833 time-based restricted shares of ASPS common stock, which are scheduled to vest (and will be issued) on the fourth anniversary of the April 15, 2015 grant date (i.e., April 15, 2019); and (ii) 1,207 time-based restricted shares of ASPS common stock, which are scheduled to vest (and will be issued) in two equal installments on the second and third anniversaries of the April 7, 2017 grant date (i.e., April 7, 2019 and April 7, 2020). Ms. Esterman has no voting rights with respect to these shares until they vest.