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ALTISOURCE PORTFOLIO SOLUTIONS S.A. Director's Dealing 2024

Mar 5, 2024

34042_dirs_2024-03-05_dfb8323f-467e-4bdf-a45e-377e3e6bfa2a.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: 2024-03-01

Reporting Person: RITTS GREGORY J. (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-03-01 Common Stock M 4316.0000 $0.0000 Acquired 47952.0000 Direct
2024-03-01 Common Stock M 3333.0000 $0.0000 Acquired 51285.0000 Direct
2024-03-01 Common Stock F 3586.0000 $2.7800 Disposed 47699.0000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-03-01 Restricted Share Units $0.0000 M 4316.0000 Disposed Common Stock (4316.0000) Direct
2024-03-01 Restricted Share Units $0.0000 M 3333.0000 Disposed Common Stock (3333.0000) Direct

Footnotes

F1: 4,316 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 and 2021 Annual Incentive Plan.

F2: 3,333 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 and 2022 Long-Term Equity Incentive Plan.

F3: Of the 7,649 RSUs vesting into shares reported above, 3,586 shares were foregone to pay for the tax withholding with a net issuance to Mr. Ritts of 4,063 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, 2024.

F4: Represents the vesting of RSUs. Each RSU represents a contingent right to receive one share of ASPS common stock.

F5: The remaining 3,334 RSUs are scheduled to vest on the third anniversary of the grant date (i.e., March 1, 2025).