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

Feb 16, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Altisource Portfolio Solutions S.A. (ASPS)
CIK: 0001462418
Period of Report: 2021-02-12

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-12	Common Stock	F	491.0000	$11.0100	Disposed	22269.0000	Direct
2021-02-12	Common Stock	M	1062.0000	$0.0000	Acquired	22760.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-12	Restricted Share Units	$0.0000	M	1062.0000	Disposed		Common Stock (1062.0000)	Direct

Footnotes

F1: Of the 1,062 RSUs vesting into shares reported above, 491 shares were foregone to pay for the tax withholding with a net issuance to Mr. Ritts of 571 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, 2021.

F2: 1,062 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.

F3: 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.

F4: Represents the vesting of RSUs. The remaining 1,062 RSUs are scheduled to vest on the fourth anniversary of the February 12, 2018 grant date (i.e., February 12, 2022). Each RSU represents a contingent right to receive one share of ASPS common stock.