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ALTISOURCE PORTFOLIO SOLUTIONS S.A. — Director's Dealing 2018
Feb 14, 2018
34042_dirs_2018-02-14_9cdc8fd4-0943-4af4-b99a-ebff94c08226.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: 2018-02-12
Reporting Person: Chatterjee Indroneel (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-02-12 | Common Stock | A | 22186.0000 | $0.0000 | Acquired | 41719.0000 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1200.0000 | Indirect |
Footnotes
F1: In accordance with his employment agreement (as disclosed on August 9, 2017), on February 12, 2018, Mr. Chatterjee received a grant of 22,186 restricted shares of ASPS common stock with an award value of $540,000. The restricted shares are scheduled to vest in four equal installments on the first, second, third and fourth anniversaries of the grant date (i.e., February 12, 2019, February 12, 2020, February 12, 2021 and February 12, 2022). Mr. Chatterjee has no voting rights with respect to these shares until they vest.
F2: Includes 19,533 time-based restricted shares of ASPS common stock, which are scheduled to vest in four equal installments on the first, second, third and fourth anniversaries of the October 5, 2017 grant date (i.e., October 5, 2018, October 5, 2019, October 5, 2020 and October 5, 2021). Mr. Chatterjee has no voting rights with respect to these shares until they vest.