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

Apr 16, 2019

34042_dirs_2019-04-16_2299ef46-f068-4fb0-b4a8-8764cbbb5ea9.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: 2019-04-15

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-04-15 Common Stock F 881.0000 $24.8600 Disposed 22514.0000 Direct

Footnotes

F1: 881 shares of the 1,867 shares of ASPS common stock received upon the vesting of 1,867 shares pursuant to the terms of Mr. Ritts's April 15, 2015 Restricted Stock Award Agreement were foregone to pay for tax withholdings. Pursuant to the terms of the agreement, the price per share used to determine the tax withholdings was the opening price of ASPS common stock on April 15, 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 4/7/17 grant date (i.e., 4/7/20); (ii) 3,333 time-based Restricted Shares, which are scheduled to vest (and will be issued) in 2 equal installments on the 2nd and 3rd anniversaries of the 7/27/17 grant date (i.e., 7/27/19 and 7/27/20); and (iii) 11,250 time-based Restricted Shares, which are scheduled to vest (and will be issued) in 3 equal installments on the 2nd, 3rd and 4th anniversaries of the 11/13/17 grant date (i.e., 11/13/19, 11/13/20 and 11/13/21). Mr. Ritts has no voting rights with respect to these shares until they vest.