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ALTISOURCE PORTFOLIO SOLUTIONS S.A. — Director's Dealing 2020
Nov 13, 2020
34042_dirs_2020-11-13_74f541f6-0eb9-41b5-a8e6-86d9205b076e.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: 2020-11-13
Reporting Person: RITTS GREGORY J. (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-11-13 | Common Stock | F | 1768.0000 | $11.7600 | Disposed | 20577.0000 | Direct |
Footnotes
F1: Represents shares surrendered by Mr. Ritts for tax withholdings due as a result of the vesting of 3,750 restricted shares of ASPS common stock. The shares were surrendered pursuant to the terms of his November 13, 2017 Restricted Stock Award Agreement. 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 November 13, 2020.
F2: Includes 3,750 time-based restricted shares of ASPS common stock, which are scheduled to vest (and will be issued) on the fourth anniversary of the November 13, 2017 grant date (i.e., November 13, 2021). Mr. Ritts has no voting rights with respect to these shares until they vest.