ALTISOURCE PORTFOLIO SOLUTIONS S.A. — Director's Dealing 2022

Mar 11, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALTISOURCE PORTFOLIO SOLUTIONS S.A. (ASPS)
CIK: 0001462418
Period of Report: 2022-03-09

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-09	Common Stock	F	1338.0000	$10.6200	Disposed	29185.0000	Direct
2022-03-09	Common Stock	M	2838.0000	$0.0000	Acquired	30523.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-03-09	Restricted Share Units	$0.0000	M	2733.0000	Disposed		Common Stock (2733.0000)	Direct
2022-03-09	Restricted Share Units	$0.0000	M	105.0000	Disposed		Common Stock (105.0000)	Direct

Footnotes

F1: 2,838 shares of ASPS common stock were received upon the vesting of previously granted restricted share units ("RSUs") pursuant to an award under the 2009 Equity Incentive Plan, as amended and the 2020 Annual Incentive Plan.

F2: Of the 2,838 RSUs vesting into shares reported above, 1,338 shares were foregone to pay for the tax withholding with a net issuance to Mr. Ritts of 1,500 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 9, 2022.

F3: Represents the vesting of RSUs. Each RSU represents a contingent right to receive one share of ASPS common stock.

F4: The remaining 26 RSUs are scheduled to vest on the second anniversary of the March 9, 2021 grant date (i.e., March 9, 2023).

F5: Represents the vesting of performance-based RSUs. Each RSU represents a contingent right to receive one share of ASPS common stock.

F6: The remaining 5,467 performance-based RSUs are scheduled to vest in equal installments on the second and third anniversaries of the grant date (i.e., March 9, 2023 and March 9, 2024).