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

Jan 26, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Altisource Portfolio Solutions S.A. (ASPS)
CIK: 0001462418
Period of Report: 2021-01-24

Reporting Person: MASTIONI MARCELLO (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-24	Common Stock	F	82.0000	$11.0900	Disposed	41406.0000	Direct
2021-01-24	Common Stock	M	3213.0000	$0.0000	Acquired	41488.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-24	Restricted Share Units	$0.0000	M	3213.0000	Disposed		Common Stock (3213.0000)	Direct

Footnotes

F1: 3,213 shares of ASPS common stock received upon the vesting of previously granted restricted share units ("RSUs") pursuant to an award under the 2009 Equity Incentive Plan, as amended.

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. Mastioni has no voting rights with respect to these shares until they vest.

F3: Of the 3,213 RSUs vesting into shares reported above, 82 shares were foregone to pay for the tax withholding with a net issuance to Mr. Mastioni of 3,131 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 January 25, 2021.

F4: Represents the vesting of RSUs. The remaining 6,425 RSUs are scheduled to vest in two installments on the second and third anniversaries of the January 24, 2020 grant date (i.e., January 24, 2022 and January 24, 2023). Each RSU represents a contingent right to receive one share of ASPS common stock.