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ALTISOURCE PORTFOLIO SOLUTIONS S.A. — Director's Dealing 2024
Mar 12, 2024
34042_dirs_2024-03-12_008216eb-f5e4-42bc-a60d-a326a7b90922.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: 2024-03-09
Reporting Person: Esterman Michelle D. (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-09 | Common Stock | M | 6491.0000 | $0.0000 | Acquired | 113120.0000 | Direct |
| 2024-03-09 | Common Stock | F | 1923.0000 | $2.8000 | Disposed | 111197.0000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-09 | Restricted Share Units | $0.0000 | M | 3112.0000 | Disposed | Common Stock (3112.0000) | Direct | |
| 2024-03-09 | Restricted Share Units | $0.0000 | M | 3379.0000 | Disposed | Common Stock (3379.0000) | Direct |
Footnotes
F1: 6,491 shares of ASPS common stock were received upon the vesting of previously granted restricted share units ("RSUs") pursuant to awards under the Altisource 2021 Long Term Incentive Plan ("LTIP").
F2: Of the 6,491 RSUs vesting into shares reported above, 1,923 shares were foregone to pay for the tax withholding with a net issuance to Ms. Esterman of 4,568 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 11, 2024.
F3: Represents the final vesting 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.
F4: Represents the full and final vesting of Type II Performance- and Market-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.