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

Feb 27, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Altisource Portfolio Solutions S.A. (ASPS)
CIK: 0001462418
Period of Report: 2019-02-25

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-02-25	Restricted Share Units	$	A	2221.0000	Acquired		Common Stock (2221.0000)	Direct
2019-02-25	Restricted Share Units	$	A	3331.0000	Acquired		Common Stock (3331.0000)	Direct

Footnotes

F1: Each restricted share unit ("RSU") represents a contingent right to receive one share of Altisource Portfolio Solutions S.A. ("ASPS") common stock.

F2: Award granted as part of Mr. Ritts' annual incentive compensation for the 2018 service year ("2018 Annual Incentive Compensation") based on his personal scorecard performance. As previously reported in a Form 8-K filed on February 16, 2018, the annual incentive award program was amended to require executives to elect to have a minimum of 25% of their annual incentive compensation that was previously paid in cash paid in RSUs. Mr. Ritts elected to receive 70% of his 2018 Annual Incentive Compensation in cash and 30% in RSUs, resulting in the grant of 3,331 RSUs based on the 30-day average closing share price of ASPS common stock of $23.76 preceding the February 25, 2019 grant date. The award is scheduled to vest in two equal installments on the first and second anniversaries of the February 25, 2019 grant date (i.e., February 25, 2020 and February 25, 2021).

F3: As previously reported in a Form 8-K filed on February 16, 2018, a one-time additional equity award was granted to Mr. Ritts for the Company's achievement of 2018 target adjusted earnings per share and Mr. Ritts' achievement of a designated level of scorecard performance for the 2018 service year. Mr. Ritts was granted 2,221 RSUs based on the 30-day average closing share price of ASPS common stock of $23.76 preceding the February 25, 2019 grant date. The award is scheduled to vest in two equal installments on the first and second anniversaries of the February 25, 2019 grant date (i.e., February 25, 2020 and February 25, 2021).