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ALTISOURCE PORTFOLIO SOLUTIONS S.A. — Director's Dealing 2021
Feb 16, 2021
34042_dirs_2021-02-16_e7a40c33-a655-4db9-b8db-fb7056079597.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: 2021-02-12
Reporting Person: Shepro William B (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-12 | Common Stock | G | 13205.0000 | $0.0000 | Acquired | 485286.0000 | Indirect |
| 2021-02-12 | Common Stock | G | 13205.0000 | $0.0000 | Disposed | 0.0000 | Direct |
| 2021-02-12 | Common Stock | F | 11795.0000 | $11.0100 | Disposed | 13205.0000 | Direct |
| 2021-02-12 | Common Stock | M | 25000.0000 | $0.0000 | Acquired | 25000.0000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-12 | Restricted Share Units | $0.0000 | M | 25000.0000 | Disposed | Common Stock (25000.0000) | Indirect |
Footnotes
F1: Represents a transfer by gift by Mr. Shepro of 25,000 shares of ASPS common stock, acquired upon the vesting of RSUs, from his direct ownership to the William B. Shepro Revocable Trust. This transaction is reportable on Form 5, but Mr. Shepro is voluntarily reporting early on Form 4.
F2: Of the 25,000 RSUs vesting into shares reported above, 11,795 shares were foregone to pay for the tax withholding with a net issuance to Mr. Shepro of 13,205 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.
F3: 25,000 shares of ASPS common stock received upon the vesting of previously granted RSUs pursuant to an award under the 2018 Long Term Incentive Plan.
F4: Represents the vesting of RSUs. The remaining 25,000 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.