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ALTISOURCE PORTFOLIO SOLUTIONS S.A. — Director's Dealing 2022
Feb 15, 2022
34042_dirs_2022-02-15_f4cb9822-8d52-4080-9112-1fbae972a8d4.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: 2022-02-12
Reporting Person: RITTS GREGORY J. (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-02-12 | Common Stock | F | 499.0000 | $11.1500 | Disposed | 26529.0000 | Direct |
| 2022-02-12 | Common Stock | M | 1062.0000 | $0.0000 | Acquired | 27028.0000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-02-12 | Restricted Share Units | $0.0000 | M | 1062.0000 | Disposed | Common Stock (1062.0000) | Direct |
Footnotes
F1: Of the 1,062 RSUs vesting into shares reported above, 499 shares were foregone to pay for the tax withholding with a net issuance to Mr. Ritts of 563 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 14, 2022.
F2: 1,062 shares of ASPS common stock received upon the vesting of previously granted restricted share units ("RSUs") pursuant to an award under the 2018 Long Term Incentive Plan.
F3: Represents the vesting of RSUs. Each RSU represents a contingent right to receive one share of ASPS common stock.