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

Feb 14, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Altisource Portfolio Solutions S.A. (ASPS)
CIK: 0001462418
Period of Report: 2019-02-12

Reporting Person: MASTIONI MARCELLO (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-12	Common Stock	F	515.0000	$24.4100	Disposed	27886.0000	Direct
2019-02-12	Common Stock	M	1593.0000	$0.0000	Acquired	28401.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-02-12	Stock Options	$24.8200	M	22264.0000	Acquired		Common Stock (22264.0000)	Direct
2019-02-12	Restricted Share Units	$0.0000	M	1593.0000	Disposed		Common Stock (1593.0000)	Direct

Footnotes

F1: 1,593 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 20,000 time-based restricted shares of ASPS common stock which are scheduled to vest in two equal installments on the second and third anniversaries of the grant date (i.e., August 1, 2019 and August 1, 2020). Mr. Mastioni has no voting rights with respect to these shares until they vest.

F3: 1,078 shares were acquired as a result of the vesting of 1,593 RSUs into shares awarded under the 2018 LTIP, of which 515 shares were foregone to pay for the tax withholdings. 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 February 12, 2019.

F4: Represents the vesting of RSUs. The remaining 4,780 RSUs are scheduled to vest in three equal installments on the second, third and fourth anniversaries of the February 12, 2018 grant date (i.e., February 12, 2020; February 12, 2021; and February 12, 2022). Each RSU represents a contingent right to receive one share of ASPS common stock.

F5: Consists of 5,566 options that vested on February 12, 2019 due to stated criteria and 16,698 options that are scheduled to vest in three equal installments on the first, second and third anniversaries of the February 12, 2019 initial vesting date (i.e., February 12, 2020; February 12, 2021; and February 12, 2022), pursuant to an award under the 2018 LTIP.