AI assistant
ALTISOURCE PORTFOLIO SOLUTIONS S.A. — Director's Dealing 2024
Jun 20, 2024
34042_dirs_2024-06-20_60cb6ad2-e9fd-4e82-8127-dd513fb16db0.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ALTISOURCE PORTFOLIO SOLUTIONS S.A. (ASPS)
CIK: 0001462418
Period of Report: 2024-05-30
Reporting Person: Deer Park Road Management Company, LP (N/A)
Reporting Person: Deer Park Road Management GP, LLC (N/A)
Reporting Person: Deer Park Road Corp (N/A)
Reporting Person: AgateCreek LLC (N/A)
Reporting Person: Craig-Scheckman Michael (N/A)
Reporting Person: Burg Scott Edward (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-05-30 | Common Stock | A | 28037 | — | Acquired | 4277263 | Indirect |
Footnotes
F1: These shares of the Issuer's common stock ("Shares") represent a non-management director stock award granted to Mary Hickok, Managing Director at Deer Park Road Management Company, LP ("Deer Park"), in connection with her service on the Issuer's board of directors (the "Board") for the 2023 to 2024 service year.
F2: All income derived in connection with Ms. Hickok's service as a director on the Board belongs, in economic terms, to STS Master Fund, Ltd. Ms. Hickok has no right to any compensation received in connection with her service on the Board and does not have any pecuniary interest in the Shares reported herein.
F3: These Shares are held for the account of STS Master Fund, Ltd. Deer Park serves as investment adviser to STS Master Fund, Ltd.
F4: Deer Park Road Management GP, LLC ("DPRM") is the general partner of Deer Park. Each of Deer Park Road Corporation ("DPRC") and AgateCreek LLC ("AgateCreek") is a member of DPRM. Michael Craig-Scheckman is the Chief Executive Officer of each of Deer Park and DPRC and the majority owner of DPRC. Scott Edward Burg is the Chief Investment Officer of Deer Park and the sole member of AgateCreek. Each Reporting Person disclaims beneficial ownership of the Shares except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the Shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.