Form 4 for ASPS ALTISOURCE PORTFOLIO SOLUTIONS S.A.
Accepted 2022-03-01 00:00:00 ET · period of report 2022-02-26 · accession 0001664272-22-000176 · 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 | 2022-03-01 | 2022-02-26 | ASPS | Shepro William B | COB, CEO, Dir | M - OptEx | $0.00 | +8,763 | 8,763 | New | $0 |
| D | 2022-03-01 | 2022-02-26 | ASPS | Shepro William B | COB, CEO, Dir | F - Tax | $12.78 | -4,135 | 4,628 | -47% | -$52.8K |
| D | 2022-03-01 | 2022-02-26 | ASPS | Shepro William B | COB, CEO, Dir | G - Gift | $0.00 | -4,628 | 0 | -100% | $0 |
| DI | 2022-03-01 | 2022-02-26 | ASPS | Shepro William B | COB, CEO, Dir | G - Gift | $0.00 | +4,628 | 529.8K | +0.9% | $0 |
| D | 2022-03-01 | 2022-02-26 | ASPS | Shepro William B | COB, CEO, Dir | M - OptEx | $0.00 | -8,763 | 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 | 2022-02-26 | M | A | 8,763 | $0.00 | 8,763 | D William B. Shepro Revocable Trust | — | — | (F1) 8,763 shares of ASPS common stock were received upon the vesting of previously granted restricted share units ("RSUs") pursuant to an award under the 2009 Equity Incentive Plan, as amended and the 2019 Annual Incentive Plan. |
| 2 | Common | Common Stock | 2022-02-26 | F | D | 4,135 | $12.78 | 4,628 | D | — | — | (F2) Of the 8,763 RSUs vesting into shares reported above, 4,135 shares were foregone to pay for the tax withholding with a net issuance to Mr. Shepro of 4,628 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 28, 2022. |
| 3 | Common | Common Stock | 2022-02-26 | G | D | 4,628 | $0.00 | 0 | D | — | — | (F3) Represents a transfer by gift by Mr. Shepro of 4,628 shares of ASPS common stock, acquired upon the vesting of RSUs, from his direct ownership to the William B. Shepro Revocable Trust. This transaction is reportable on Form 5, but Mr. Shepro is voluntarily reporting early on Form 4. |
| 4 | Common | Common Stock | 2022-02-26 | G | A | 4,628 | $0.00 | 529,771 | I | — | — | (F3) Represents a transfer by gift by Mr. Shepro of 4,628 shares of ASPS common stock, acquired upon the vesting of RSUs, from his direct ownership to the William B. Shepro Revocable Trust. This transaction is reportable on Form 5, but Mr. Shepro is voluntarily reporting early on Form 4. |
| 5 | Derivative | Restricted Share Units | 2022-02-26 | M | D | 8,763 | $0.00 | 0 | D | $0.00 · — to — | 8,763 Common Stock | (F4) Represents the vesting of RSUs. Each RSU represents a contingent right to receive one share of ASPS common stock. |