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ALTISOURCE PORTFOLIO SOLUTIONS S.A. — Director's Dealing 2022
Mar 23, 2022
34042_dirs_2022-03-23_bffffaa0-dcd7-4119-bb65-019de1cca361.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: 2022-03-21
Reporting Person: Shepro William B (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-03-21 | Common Stock | A | 17314.0000 | $0.0000 | Acquired | 17314.0000 | Direct |
| 2022-03-21 | Common Stock | F | 8169.0000 | $10.9500 | Disposed | 9145.0000 | Direct |
| 2022-03-21 | Common Stock | G | 9145.0000 | $0.0000 | Disposed | 0.0000 | Direct |
| 2022-03-21 | Common Stock | G | 9145.0000 | $0.0000 | Acquired | 562065.0000 | Indirect |
Footnotes
F1: 17,314 shares of ASPS common stock were received upon the vesting of previously granted performance-based restricted share units ("RSUs") pursuant to an award under the 2019 Long Term Incentive Plan.
F2: Of the 17,314 RSUs vesting into shares reported above, 8,169 shares were foregone to pay for the tax withholding with a net issuance to Mr. Shepro of 9,145 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 March 21, 2022.
F3: Represents a transfer by gift by Mr. Shepro of 9,145 shares of ASPS common stock, acquired upon the vesting of performance-based 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.