ALTISOURCE PORTFOLIO SOLUTIONS S.A. — Director's Dealing 2023

Mar 22, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALTISOURCE PORTFOLIO SOLUTIONS S.A. (ASPS)
CIK: 0001462418
Period of Report: 2023-03-20

Reporting Person: Shepro William B (N/A)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-20	Restricted Share Units	$0.0000	A	51218.0000	Acquired		Common Stock (51218.0000)	Direct
2023-03-20	Restricted Share Units	$0.0000	A	51218.0000	Acquired		Common Stock (51218.0000)	Direct

Footnotes

F1: On March 20, 2023, Mr. Shepro was granted 51,218 time-based restricted share units ("RSUs") under the Altisource 2023 Long Term Incentive Plan ("LTIP"). Each RSU represents a contingent right to receive one share of Altisource Portfolio Solutions S.A. ("ASPS") common stock.

F2: The time-based RSUs are scheduled to vest in three equal increments on the first three anniversaries of the grant date (i.e., March 20, 2024; March 20, 2025 and March 20, 2026).

F3: On March 20, 2023, Mr. Shepro was granted 51,218 performance-based RSUs under the Altisource 2023 LTIP. Each RSU represents a contingent right to receive one share of ASPS common stock.

F4: The performance-based RSUs vest following the third anniversary of the Grant Date (i.e., March 20, 2026) subject to the level of achievement described herein. The number of performance-based RSUs that will vest is based on (i) Company performance against designated financial metrics, as established by the Compensation Committee, for each year during the 2023 - 2025 performance period (the "Performance Period") (which performance may increase or decrease the number of RSUs), and (ii) Total Shareholder Return compared to the Russell 2000 Index over the Performance Period (which performance may further increase or decrease the number of RSUs).