AI assistant
ALTISOURCE PORTFOLIO SOLUTIONS S.A. — Director's Dealing 2022
Mar 1, 2022
34042_dirs_2022-03-01_bbb3b57e-b209-4b76-9c3c-43923d08e03d.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ALTISOURCE PORTFOLIO SOLUTIONS S.A. (ASPS)
CIK: 0001462418
Period of Report: 2022-02-26
Reporting Person: RITTS GREGORY J. (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-02-26 | Common Stock | F | 1030.0000 | $12.7800 | Disposed | 27685.0000 | Direct |
| 2022-02-26 | Common Stock | M | 2186.0000 | $0.0000 | Acquired | 29871.0000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-02-26 | Restricted Share Units | $0.0000 | M | 2186.0000 | Disposed | Common Stock (2186.0000) | Direct |
Footnotes
F1: 2,186 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 2019 Annual Incentive Plan.
F2: Of the 2,186 RSUs vesting into shares reported above, 1,030 shares were foregone to pay for the tax withholding with a net issuance to Mr. Ritts of 1,156 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 28, 2022.
F3: Represents the vesting of RSUs. Each RSU represents a contingent right to receive one share of ASPS common stock.