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ALTISOURCE PORTFOLIO SOLUTIONS S.A. — Director's Dealing 2025
Mar 24, 2025
34042_dirs_2025-03-24_c48e90b6-789c-40c0-827d-b246b2175070.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: 2025-03-20
Reporting Person: Shepro William B (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-03-20 | Common Stock | M | 42976.0000 | $0.0000 | Acquired | 142976.0000 | Direct |
| 2025-03-20 | Common Stock | F | 20282.0000 | $0.8900 | Disposed | 122694.0000 | Direct |
| 2025-03-20 | Common Stock | G | 22694.0000 | $0.0000 | Disposed | 100000.0000 | Direct |
| 2025-03-20 | Common Stock | G | 22694.0000 | $0.0000 | Acquired | 1028976.0000 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-03-20 | Restricted Share Units | $ | M | 25904.0000 | Disposed | Common Stock (25904.0000) | Direct | |
| 2025-03-20 | Restricted Share Units | $ | M | 17072.0000 | Disposed | Common Stock (17072.0000) | Direct |
Footnotes
F1: Mr. Shepro received 42,976 shares of Altisource Portfolio Solutions S.A. (the "Company" or "ASPS") common stock upon the vesting of previously granted time-based restricted share units ("RSUs") pursuant to awards under the Company's 2023 Long Term Incentive Plan ("LTIP") and 2023 Annual Incentive Plan ("AIP").
F2: Of the RSUs vesting into shares reported above, 20,282 shares were forgone to pay for the tax withholding with a net issuance to Mr. Shepro of 22,694 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 20, 2025.
F3: Represents a transfer by gift from Mr. Shepro's direct ownership to the William B. Shepro Revocable Trust of 22,694 shares of ASPS common stock acquired upon the vesting of time-based RSUs pursuant to previously granted LTIP and AIP awards.
F4: Each RSU represents a contingent right to receive one share of ASPS common stock.
F5: Represents the vesting of the second tranche of Type I Time-based RSUs granted to Mr. Shepro on March 20, 2023, pursuant to the Altisource 2023 LTIP.
F6: The remaining 17,073 Type I Time-based RSUs are scheduled to vest on the third anniversary of the grant date (i.e., March 20, 2026).
F7: Represents the final vesting of time-based RSUs granted to Mr. Shepro on March 20, 2023, pursuant to the Altisource 2023 AIP.