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

Nov 13, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Altisource Portfolio Solutions S.A. (ASPS)
CIK: 0001462418
Period of Report: 2019-11-12

Reporting Person: MASTIONI MARCELLO (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-12	Common Stock	F	975.0000	$18.2400	Disposed	29374.0000	Direct
2019-11-12	Common Stock	M	5000.0000	$0.0000	Acquired	30349.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-11-12	Restricted Share Units	$0.0000	M	5000.0000	Disposed		Common Stock (5000.0000)	Direct

Footnotes

F1: 5,000 shares of ASPS common stock received upon the vesting of previously granted restricted share units ("RSUs") pursuant to an award under the 2018 Long Term Incentive Plan ("2018 LTIP").

F2: Includes 10,000 time-based restricted shares of ASPS common stock, which are scheduled to vest (and will be issued on the third anniversary of the grant date (i.e., August 1, 2020). Mr. Mastioni has no voting rights with respect to these shares until they vest.

F3: Of the 5,000 RSUs vesting into shares reported above, 975 shares were foregone to pay for the tax withholding and 4,025 shares were acquired by the reporting person. Pursuant to the terms of the award agreement, the price per share used to determine the tax withholdings was the opening price of ASPS common stock on November 12, 2019.

F4: Represents the vesting of RSUs. The remaining 10,000 RSUs are scheduled to vest in two equal installments on the second and third anniversaries of the grant date (i.e., November 12, 2020 and November 12, 2021). Each RSU represents a contingent right to receive one share of ASPS common stock.