Form 4 for ASPS ALTISOURCE PORTFOLIO SOLUTIONS S.A.
Accepted 2022-03-01 00:00:00 ET · period of report 2022-02-26 · accession 0001664272-22-000178 · 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 | Esterman Michelle D. | CFO | F - Tax | $12.78 | -1,327 | 41.6K | -3% | -$17.0K |
| D | 2022-03-01 | 2022-02-26 | ASPS | Esterman Michelle D. | CFO | M - OptEx | $0.00 | +3,749 | 42.9K | +10% | $0 |
| DM | 2022-03-01 | 2022-02-26 | ASPS | Esterman Michelle D. | CFO | M - OptEx | $0.00 | -3,749 | 2,000 | -65% | $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 | 1,327 | $12.78 | 41,556 | D | — | — | (F2) Of the 3,749 RSUs vesting into shares reported above, 1,327 shares were foregone to pay for the tax withholding with a net issuance to Ms. Esterman of 2,422 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 | 3,749 | $0.00 | 42,883 | D | — | — | (F1) 3,749 shares of ASPS common stock were received upon the vesting of previously granted restricted share units ("RSUs") pursuant to awards under the 2009 Equity Incentive Plan, as amended and the 2019 Annual Incentive Plan. |
| 3 | Derivative | Restricted Share Units | 2022-02-26 | M | D | 1,749 | $0.00 | 0 | D | $0.00 · — to — | 1,749 Common Stock | (F3) Represents the vesting of RSUs. Each RSU represents a contingent right to receive one share of ASPS common stock. |
| 4 | Derivative | Restricted Share Units | 2022-02-26 | M | D | 2,000 | $0.00 | 2,000 | D | $0.00 · — to — | 2,000 Common Stock | (F3) Represents the vesting of RSUs. Each RSU represents a contingent right to receive one share of ASPS common stock. (F4) The remaining 2,000 RSUs are scheduled to vest on the third anniversary of the February 26, 2020 grant date (i.e., February 26, 2023). |