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

Jan 4, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALTISOURCE PORTFOLIO SOLUTIONS S.A. (ASPS)
CIK: 0001462418
Period of Report: 2024-01-02

Reporting Person: Esterman Michelle D. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-01-02	Common Stock	F	1792.0000	$3.5400	Disposed	100845.0000	Direct
2024-01-02	Common Stock	A	6046.0000	$3.5600	Acquired	102637.0000	Direct

Footnotes

F1: As part of a company-wide cost reduction plan, Ms. Esterman has volunteered to temporarily modify her compensation effective November 1, 2023 by offering the Company the option to replace up to 30% of her base compensation with a grant of unrestricted ASPS common stock (the "Adjustment"). On December 31, 2023, and at the end of each subsequent calendar quarter (each a "Period"), as long as the Adjustment is in place, the Company will determine the portion of the reduced amount to be paid in common stock based on the lower of the average closing stock price for the Period and the closing stock price on the day immediately preceding the grant and transfer the applicable shares. Ms. Esterman or the Company may, upon written notice, reduce or terminate the Adjustment. For the Period ending December 31, 2023, Ms. Esterman received 6,046 shares, which vest immediately.

F2: Represents the cost per share for the temporary compensation replacement noted in Footnote 1. Given that it was a replacement for compensation, the net cost of the shares was $0.

F3: Of the 6,046 shares granted to Ms. Esterman, reported above, 1,792 shares were foregone to pay for the tax withholding with a net issuance to Ms. Esterman of 4,254 shares. The price per share used to determine the tax withholdings was the opening price of ASPS common stock on the grant date.