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ALTISOURCE PORTFOLIO SOLUTIONS S.A. — Director's Dealing 2019
Aug 5, 2019
34042_dirs_2019-08-05_ee8d2ab1-be2d-4aff-8099-bec99d1f9fff.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: 2019-08-01
Reporting Person: MASTIONI MARCELLO (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-08-01 | Common Stock | F | 2537.0000 | $21.0000 | Disposed | 25349.0000 | Direct |
Footnotes
F1: 2,537 of the 10,000 restricted shares of ASPS common stock received upon vesting of 10,000 shares pursuant to the terms of the August 1, 2017 Restricted Stock Award Agreement between Mr. Mastioni and the Company were foregone to pay for tax withholdings. 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 August 1, 2019.
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 August 1, 2017 grant date (i.e., August 1, 2020). Mr. Mastioni has no voting rights with respect to these shares until they vest.