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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.