ALTISOURCE PORTFOLIO SOLUTIONS S.A. — Director's Dealing 2019

Nov 14, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Altisource Portfolio Solutions S.A. (ASPS)
CIK: 0001462418
Period of Report: 2019-11-13

Reporting Person: RITTS GREGORY J. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-13	Common Stock	F	1769.0000	$17.9700	Disposed	20257.0000	Direct

Footnotes

F1: Represents shares surrendered by Mr. Ritts for tax withholdings due as a result of the vesting of 3,750 restricted shares of ASPS common stock. The shares were surrendered pursuant to the terms of his November 13, 2017 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 November 13, 2019.

F2: Includes (i) 503 time-based restricted shares of ASPS common stock, which are scheduled to vest (and will be issued) on the third anniversary of the April 7, 2017 grant date (i.e., April 7, 2020); (ii) 1,667 time-based restricted shares of ASPS common stock, which are scheduled to vest (and will be issued) on the third anniversary of the July 27, 2017 grant date (i.e., July 27, 2020); and (iii) 7,500 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 November 13, 2017 grant date (i.e., November 13, 2020 and November 13, 2021). Mr. Ritts has no voting rights with respect to these shares until they vest.