Form 4 for ASPS ALTISOURCE PORTFOLIO SOLUTIONS S.A.
Accepted 2022-02-15 00:00:00 ET · period of report 2022-02-12 · accession 0001664272-22-000091 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-02-15 | 2022-02-12 | ASPS | RITTS GREGORY J. | Chief Legal, Compliance Off | M - OptEx | $0.00 | +1,062 | 27.0K | +4% | $0 |
| D | 2022-02-15 | 2022-02-12 | ASPS | RITTS GREGORY J. | Chief Legal, Compliance Off | F - Tax | $11.15 | -499 | 26.5K | -2% | -$5,564 |
| D | 2022-02-15 | 2022-02-12 | ASPS | RITTS GREGORY J. | Chief Legal, Compliance Off | M - OptEx | $0.00 | -1,062 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-02-12 | M | A | 1,062 | $0.00 | 27,028 | D | — | — | (F2) 1,062 shares of ASPS common stock received upon the vesting of previously granted restricted share units ("RSUs") pursuant to an award under the 2018 Long Term Incentive Plan. |
| 2 | Common | Common Stock | 2022-02-12 | F | D | 499 | $11.15 | 26,529 | D | — | — | (F1) Of the 1,062 RSUs vesting into shares reported above, 499 shares were foregone to pay for the tax withholding with a net issuance to Mr. Ritts of 563 shares. Pursuant to the terms of the award agreement, the price per share used to determine the tax withholdings was the opening price of ASPS common stock on February 14, 2022. |
| 3 | Derivative | Restricted Share Units | 2022-02-12 | M | D | 1,062 | $0.00 | 0 | D | $0.00 · — to — | 1,062 Common Stock | (F3) Represents the vesting of RSUs. Each RSU represents a contingent right to receive one share of ASPS common stock. |