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

Mar 2, 2021

34042_dirs_2021-03-02_dd265595-7bc0-4c6e-a8c7-76e3d072e081.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: 2021-02-26

Reporting Person: RITTS GREGORY J. (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-02-26 Common Stock M 2187.0000 $0.0000 Acquired 25933.0000 Direct
2021-02-26 Common Stock F 1021.0000 $10.3200 Disposed 24912.0000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-02-26 Restricted Share Units $0.0000 M 2187.0000 Disposed Common Stock (2187.0000) Direct

Footnotes

F1: Of the 2,187 restricted share units ("RSUs") vesting into shares reported above, 1,021 shares were foregone to pay for the tax withholding with a net issuance to Mr. Ritts of 1,166 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 26, 2021.

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.

F3: 2,187 shares of ASPS common stock were received upon the vesting of previously granted RSUs pursuant to an award under the 2009 Equity Incentive Plan, as amended and the 2019 Annual Incentive Plan.

F4: Represents the vesting of RSUs. The remaining 2,186 RSUs are scheduled to vest on the second anniversary of the February 26, 2020 grant date (i.e., February 26, 2022). Each RSU represents a contingent right to receive one share of ASPS common stock.