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

Apr 9, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Altisource Portfolio Solutions S.A. (ASPS)
CIK: 0001462418
Period of Report: 2019-04-07

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-04-07	Common Stock	F	236.0000	$24.7600	Disposed	23395.0000	Direct

Footnotes

F1: 236 shares of the 502 shares of ASPS common stock received upon the vesting of 502 restricted shares pursuant to the terms of Mr. Ritts's April 7, 2017 Restricted Stock Award Agreement were foregone to pay for the 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 8, 2019.

F2: Includes (i) 1,867 time-based restricted shares of ASPS common stock (hereinafter Restricted Shares), which are scheduled to vest (and will be issued) on the 4th anniversary of the 4/15/15 grant date (i.e., 4/15/19); (ii) 503 time-based Restricted Shares, which are scheduled to vest (and will be issued) on the 3rd anniversary of the 4/7/17 grant date (i.e., 4/7/20); (iii) 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 (iv) 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.