ALTISOURCE PORTFOLIO SOLUTIONS S.A. — Director's Dealing 2020

Mar 24, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Altisource Portfolio Solutions S.A. (ASPS)
CIK: 0001462418
Period of Report: 2020-03-21

Reporting Person: MASTIONI MARCELLO (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-21	Common Stock	F	370.0000	$8.2600	Disposed	36112.0000	Direct
2020-03-21	Common Stock	A	2550.0000	$0.0000	Acquired	36482.0000	Direct

Footnotes

F1: 2,550 shares of ASPS common stock received upon the vesting of previously granted performance-based restricted share units ("RSUs") pursuant to an award under the 2019 Long Term Incentive Plan.

F2: Includes 10,000 time-based restricted shares of ASPS common stock, which are scheduled to vest (and will be issued on the third anniversary of the grant date (i.e., August 1, 2020). Mr. Mastioni has no voting rights with respect to these shares until they vest.

F3: Of the 2,550 RSUs vesting into shares reported above, 370 shares were foregone to pay for the tax withholding with a net issuance to Mr. Mastioni of 2,180 shares. 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 March 23, 2020.