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

Mar 3, 2023

34042_dirs_2023-03-03_4213c92b-065c-46b4-ac2e-6c65f4a995ad.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: 2023-03-01

Reporting Person: Shepro William B (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-03-01 Common Stock G 37952.0000 $0.0000 Acquired 641781.0000 Indirect
2023-03-27 Common Stock G 37952.0000 $0.0000 Disposed 0.0000 Direct
2023-03-01 Common Stock F 21693.0000 $5.8500 Disposed 37952.0000 Direct
2023-03-01 Common Stock M 13658.0000 $0.0000 Acquired 59645.0000 Direct
2023-03-01 Common Stock M 45987.0000 $0.0000 Acquired 45987.0000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-03-01 Restricted Share Units $0.0000 M 13658.0000 Disposed Common Stock (13658.0000) Direct
2023-03-01 Restricted Share Units $0.0000 M 45987.0000 Disposed Common Stock (45987.0000) Direct

Footnotes

F1: 45,987 shares of ASPS common stock were received upon the vesting of previously granted time-based restricted share units ("RSUs") pursuant to an award under the Company's 2009 Equity Incentive Plan, as amended and restated.

F2: 13,658 shares of ASPS common stock were received upon the vesting of previously granted time-based RSUs pursuant to an award under the Company's 2009 Equity Incentive Plan, as amended and restated.

F3: Of the 59,645 RSUs vesting into shares reported above, 21,693 shares were foregone to pay for the tax withholding with a net issuance to Mr. Shepro of 37,952 shares. Pursuant to the terms of the award agreements, the price per share used to determine the tax withholdings was the opening price of ASPS common stock on March 1, 2023.

F4: Represents a transfer by gift by Mr. Shepro of 37,952 shares of ASPS common stock, acquired upon the vesting of performance-based restricted share units ("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.

F5: Represents a transfer by gift by Mr. Shepro of 37,952 shares of ASPS common stock, acquired upon the vesting of performance-based restricted share units ("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.

F6: Represents the vesting of RSUs. Each RSU represents a contingent right to receive one share of ASPS common stock.