Form 4 for ASPS ALTISOURCE PORTFOLIO SOLUTIONS S.A.
Accepted 2022-03-01 00:00:00 ET · period of report 2022-02-26 · accession 0001664272-22-000177 · 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 | RITTS GREGORY J. | Chief Legal, Compliance Off | F - Tax | $12.78 | -1,030 | 27.7K | -4% | -$13.2K |
| D | 2022-03-01 | 2022-02-26 | ASPS | RITTS GREGORY J. | Chief Legal, Compliance Off | M - OptEx | $0.00 | +2,186 | 29.9K | +8% | $0 |
| D | 2022-03-01 | 2022-02-26 | ASPS | RITTS GREGORY J. | Chief Legal, Compliance Off | M - OptEx | $0.00 | -2,186 | 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 | F | D | 1,030 | $12.78 | 27,685 | D | — | — | (F2) Of the 2,186 RSUs vesting into shares reported above, 1,030 shares were foregone to pay for the tax withholding with a net issuance to Mr. Ritts of 1,156 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. |
| 2 | Common | Common Stock | 2022-02-26 | M | A | 2,186 | $0.00 | 29,871 | D | — | — | (F1) 2,186 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. |
| 3 | Derivative | Restricted Share Units | 2022-02-26 | M | D | 2,186 | $0.00 | 0 | D | $0.00 · — to — | 2,186 Common Stock | (F3) Represents the vesting of RSUs. Each RSU represents a contingent right to receive one share of ASPS common stock. |