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

Mar 1, 2022

34042_dirs_2022-03-01_438e25e6-642e-44c8-946c-05a254d55a6f.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: Shepro William B (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-02-26 Common Stock M 8763.0000 $0.0000 Acquired 8763.0000 Direct
2022-02-26 Common Stock F 4135.0000 $12.7800 Disposed 4628.0000 Direct
2022-02-26 Common Stock G 4628.0000 $0.0000 Disposed 0.0000 Direct
2022-02-26 Common Stock G 4628.0000 $0.0000 Acquired 529771.0000 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2022-02-26 Restricted Share Units $0.0000 M 8763.0000 Disposed Common Stock (8763.0000) Direct

Footnotes

F1: 8,763 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 8,763 RSUs vesting into shares reported above, 4,135 shares were foregone to pay for the tax withholding with a net issuance to Mr. Shepro of 4,628 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 a transfer by gift by Mr. Shepro of 4,628 shares of ASPS common stock, acquired upon the vesting of 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.

F4: Represents the vesting of RSUs. Each RSU represents a contingent right to receive one share of ASPS common stock.