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ALTISOURCE PORTFOLIO SOLUTIONS S.A. — Director's Dealing 2025
Feb 3, 2025
34042_dirs_2025-02-03_2d747dd1-0a12-48be-bbdb-33afe6a948b9.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: ALTISOURCE PORTFOLIO SOLUTIONS S.A. (ASPS)
CIK: 0001462418
Period of Report: 2025-01-29
Reporting Person: RITTS GREGORY J. (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-01-29 | Common Stock | M | 2613.0000 | $0.0000 | Acquired | 65842.0000 | Direct |
| 2025-01-29 | Common Stock | F | 1220.0000 | $0.6800 | Disposed | 64622.0000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-01-29 | Restricted Share Units | $0.0000 | M | 2613.0000 | Disposed | Common Stock (2613.0000) | Direct |
Footnotes
F1: 2,613 shares of ASPS common stock were received upon the vesting of previously granted restricted share units ("RSUs") pursuant to an award under the Altisource 2022 Long Term Incentive Plan ("LTIP").
F2: Of the 2,613 shares granted to Mr. Ritts, reported above 1,220 shares were forgone to pay for the tax withholding with a net issuance to Mr. Ritts of 1,393 shares.
F3: Represents the cost per share used to determine the tax withholding; the opening price of ASPS common stock on the grant date.
F4: Represents the full and final vesting of Type II Performance-based RSUs previously granted pursuant to the Altisource 2022 LTIP. Our Compensation Committee approved vesting at 26.13% of target; the remaining RSUs failed to vest. Each RSU represents a contingent right to receive one share of ASPS common stock.
F5: This amendment includes the number of shares foregone to pay for the tax withholding on the shares acquired by the RSU vesting reported in Table II.