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

Mar 1, 2022

34042_dirs_2022-03-01_f630cf6c-746d-458b-a693-a497a3f71b73.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: 2022-02-26

Reporting Person: Esterman Michelle D. (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-02-26 Common Stock F 1327.0000 $12.7800 Disposed 41556.0000 Direct
2022-02-26 Common Stock M 3749.0000 $0.0000 Acquired 42883.0000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2022-02-26 Restricted Share Units $0.0000 M 1749.0000 Disposed Common Stock (1749.0000) Direct
2022-02-26 Restricted Share Units $0.0000 M 2000.0000 Disposed Common Stock (2000.0000) Direct

Footnotes

F1: 3,749 shares of ASPS common stock were received upon the vesting of previously granted restricted share units ("RSUs") pursuant to awards under the 2009 Equity Incentive Plan, as amended and the 2019 Annual Incentive Plan.

F2: Of the 3,749 RSUs vesting into shares reported above, 1,327 shares were foregone to pay for the tax withholding with a net issuance to Ms. Esterman of 2,422 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.

F4: The remaining 2,000 RSUs are scheduled to vest on the third anniversary of the February 26, 2020 grant date (i.e., February 26, 2023).