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ALTISOURCE PORTFOLIO SOLUTIONS S.A. — Director's Dealing 2025
Apr 7, 2025
34042_dirs_2025-04-07_79423992-6d5e-432d-b997-0917edc72ed1.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: 2025-04-03
Reporting Person: RITTS GREGORY J. (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-04-03 | Cash Exercise Stakeholder Warrants (Right to Buy) | $1.9500 | A | 925410.0000 | Acquired | 2029-04-02 | Common Stock (1503791.0000) | Direct |
| 2025-04-03 | Net Settle Stakeholder Warrants (Right to Buy) | $1.9500 | A | 925410.0000 | Acquired | 2032-04-30 | Common Stock (1503791.0000) | Direct |
Footnotes
F1: The reporting person received the Cash Exercise Stakeholder Warrants ("Cash Exercise Warrants") and the Net Settle Stakeholder Warrants ("Net Settle Warrants," and collectively with the Cash Exercise Warrants, the "Warrants") as part of a distribution by the Issuer of transferable warrants to certain securityholders of the Issuer for no consideration.
F2: The initial exercise date of the Warrants is the later of (i) July 2, 2025 and (ii) first date on which the VWAP (as defined in the Warrant Agent Agreement, a copy of which was filed as Exhibit 4.1 to the Issuer's Current Report on Form 8-K filed with the SEC on April 2, 2025 (the "Warrant Agreement")) of the common stock equals or exceeds the Implied Per Share Exercise Price (as defined in the Warrant Agreement) of the Warrants (initially, $1.20).