ALTISOURCE PORTFOLIO SOLUTIONS S.A. — Director's Dealing 2021

Mar 11, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Altisource Portfolio Solutions S.A. (ASPS)
CIK: 0001462418
Period of Report: 2021-03-09

Reporting Person: Shepro William B (N/A)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-09	Restricted Share Units	$0.0000	A	23853.0000	Acquired		Common Stock (23853.0000)	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: Mr. Shepro received a grant of 23,853 RSUs based on the 30-day average closing share price of ASPS common stock of $10.56 preceding the March 9, 2021 grant date. The RSUs were granted to Mr. Shepro as annual incentive compensation for the 2020 service year ("2020 Annual Incentive Compensation") based upon the Board approved bonus pool funding level and his personal scorecard performance. Altisource determined to pay 100% of the 2020 Annual Incentive Compensation in RSUs; 60% of the RSUs will cliff vest on the first anniversary of the grant date, the remaining 40% of the RSUs will vest in two equal installments on the first and second anniversaries of the March 9, 2021 grant date (i.e., March 9, 2022 and March 9, 2023).