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: RITTS GREGORY J. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-20	Common Stock	F	3392.0000	$4.5900	Disposed	42801.0000	Direct
2023-03-20	Common Stock	M	7190.0000	$0.0000	Acquired	46193.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-20	Restricted Share Units	$0.0000	M	2733.0000	Disposed		Common Stock (2733.0000)	Direct
2023-03-20	Restricted Share Units	$0.0000	M	2352.0000	Disposed		Common Stock (2352.0000)	Direct
2023-03-20	Restricted Share Units	$0.0000	M	2105.0000	Disposed		Common Stock (2105.0000)	Direct

Footnotes

F1: 7,190 shares of ASPS common stock were received upon the vesting of restricted share units ("RSUs") pursuant to awards under the Altisource 2020 Long Term Incentive Plan ("LTIP") and the Altisource 2021 LTIP.

F2: Of the 7,190 RSUs vesting into shares reported above, 3,392 shares were surrendered to pay for the tax withholding with a net issuance to Mr. Ritts of 3,798 shares. The price per share used to determine the tax withholdings was the opening price of Altisource Portfolio Solutions S.A. ("ASPS") common stock on March 20, 2023.

F3: Represents the final vesting of Type I performance-based RSUs granted on January 24, 2020, pursuant to the Altisource 2020 LTIP. Each RSU represents a contingent right to receive one share of ASPS common stock.

F4: The vesting dates of the Altisource 2020 LTIP and the Altisource 2021 LTIP awards previously scheduled to vest on January 24, 2023 and March 9, 2023 were deferred until March 20, 2023 upon the approval of the Altisource Compensation Committee.

F5: Represents the full and final vesting of Type II performance-based RSUs granted on January 24, 2020, pursuant to the Altisource 2020 LTIP. Each RSU represents a contingent right to receive one share of ASPS common stock.

F6: Represents the second tranche of Type I performance-based RSUs granted on March 9, 2021, pursuant to the Altisource 2021 LTIP. Each RSU represents a contingent right to receive one share of ASPS common stock.

F7: The remaining 2,734 RSUs are scheduled to vest on the third anniversary of the March 9, 2021 grant date (i.e., March 9, 2024).