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ALTISOURCE PORTFOLIO SOLUTIONS S.A. — Director's Dealing 2018
Feb 13, 2018
34042_dirs_2018-02-13_a03fa5f2-c0bd-405b-bd70-04137a1eed67.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: 2018-02-09
Reporting Person: WILCOX KEVIN JAMES (Chief Admin & Risk Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-02-09 | Common Stock | M | 117501 | $9.14 | Acquired | 234470 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-02-09 | Stock Options | $9.14 | M | 12917 | Disposed | 2018-07-14 | Common Stock (12917) | Direct |
| 2018-02-09 | Stock Options | $9.14 | M | 12917 | Disposed | 2018-07-14 | Common Stock (12917) | Direct |
| 2018-02-09 | Stock Options | $9.14 | M | 12916 | Disposed | 2018-07-14 | Common Stock (12916) | Direct |
| 2018-02-09 | Stock Options | $9.14 | M | 12917 | Disposed | 2018-07-14 | Common Stock (12917) | Direct |
| 2018-02-09 | Stock Options | $9.14 | M | 12916 | Disposed | 2018-07-14 | Common Stock (12916) | Direct |
| 2018-02-09 | Stock Options | $9.14 | M | 1252 | Disposed | 2018-07-14 | Common Stock (1252) | Direct |
| 2018-02-09 | Stock Options | $9.14 | M | 25833 | Disposed | 2018-07-14 | Common Stock (25833) | Direct |
| 2018-02-09 | Stock Options | $9.14 | M | 25833 | Disposed | 2018-07-14 | Common Stock (25833) | 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 117,501 exercised options and retain the resulting 117,501 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 no vested options relating to this grant. Mr. Wilcox holds a total of 132,667 vested options from other grants.