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

Feb 14, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Altisource Portfolio Solutions S.A. (ASPS)
CIK: 0001462418
Period of Report: 2020-02-12

Reporting Person: WILCOX KEVIN JAMES (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-12	Common Stock	F	5897.0000	$19.6000	Disposed	243979.0000	Direct
2020-02-12	Common Stock	M	12500.0000	$0.0000	Acquired	249876.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-12	Restricted Share Units	$0.0000	M	12500.0000	Disposed		Common Stock (12500.0000)	Direct

Footnotes

F1: 12,500 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.

F2: Includes 1,005 time-based restricted shares of ASPS common stock, which are scheduled to vest (and will be issued) on the third anniversary of the April 7, 2017 grant date (i.e., April 7, 2020). Mr. Wilcox has no voting rights with respect to these shares until they vest.

F3: Of the 12,500 RSUs vesting into shares reported above, 5,897 shares were foregone to pay for the tax withholding with a net issuance to Mr. Wilcox of 6,603 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 February 12, 2020.

F4: Represents the vesting of RSUs. The remaining 25,000 RSUs are expected to vest on May 15, 2020, pursuant to the October 11, 2019 Agreement among Altisource Sarl and Kevin J. Wilcox. Each RSU represents a contingent right to receive one share of ASPS common stock.