Form 4 for ASPS ALTISOURCE PORTFOLIO SOLUTIONS S.A.
Accepted 2022-03-11 00:00:00 ET · period of report 2022-03-09 · accession 0001664272-22-000188 · 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 | 2022-03-11 | 2022-03-09 | ASPS | Shepro William B | COB, CEO, Dir | F - Tax | $10.62 | -11.0K | 12.4K | -47% | -$117.2K |
| D | 2022-03-11 | 2022-03-09 | ASPS | Shepro William B | COB, CEO, Dir | G - Gift | $0.00 | -12.4K | 0 | -100% | $0 |
| DI | 2022-03-11 | 2022-03-09 | ASPS | Shepro William B | COB, CEO, Dir | G - Gift | $0.00 | +12.4K | 547.9K | +2% | $0 |
| D | 2022-03-11 | 2022-03-09 | ASPS | Shepro William B | COB, CEO, Dir | M - OptEx | $0.00 | +23.4K | 23.4K | New | $0 |
| DM | 2022-03-11 | 2022-03-09 | ASPS | Shepro William B | COB, CEO, Dir | M - OptEx | $0.00 | -23.4K | 8,400 | -74% | $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 | 2022-03-09 | F | D | 11,039 | $10.62 | 12,360 | D | — | — | (F2) Of the 23,399 RSUs vesting into shares reported above, 11,039 shares were foregone to pay for the tax withholding with a net issuance to Mr. Shepro of 12,360 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 March 9, 2022. |
| 2 | Common | Common Stock | 2022-03-09 | G | D | 12,360 | $0.00 | 0 | D | — | — | (F3) Represents a transfer by gift by Mr. Shepro of 12,360 shares of ASPS common stock, acquired upon the vesting of performance-based restricted share units ("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. |
| 3 | Common | Common Stock | 2022-03-09 | G | A | 12,360 | $0.00 | 547,920 | I William B. Shepro Revocable Trust | — | — | (F3) Represents a transfer by gift by Mr. Shepro of 12,360 shares of ASPS common stock, acquired upon the vesting of performance-based restricted share units ("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 | 2022-03-09 | M | A | 23,399 | $0.00 | 23,399 | D | — | — | (F1) 23,399 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 2020 Annual Incentive Plan. |
| 5 | Derivative | Restricted Share Units | 2022-03-09 | M | D | 19,199 | $0.00 | 4,800 | D | $0.00 · — to — | 19,199 Common Stock | (F4) Represents the vesting of RSUs. Each RSU represents a contingent right to receive one share of ASPS common stock. (F6) The remaining 4,800 RSUs are scheduled to vest on the second anniversary of the March 9, 2021 grant date (i.e., March 9, 2023). |
| 6 | Derivative | Restricted Share Units | 2022-03-09 | M | D | 4,200 | $0.00 | 8,400 | D | $0.00 · — to — | 4,200 Common Stock | (F5) Represents the vesting of performance-based RSUs. Each RSU represents a contingent right to receive one share of ASPS common stock. (F7) The remaining 8,400 performance-based RSUs are scheduled to vest in equal installments on the second and third anniversaries of the grant date (i.e., March 9, 2023 and March 9, 2024). |