Form 4 for ASPS ALTISOURCE PORTFOLIO SOLUTIONS S.A.

Accepted 2022-10-04 00:00:00 ET · period of report 2022-10-01 · accession 0001664272-22-000296 · 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	2022-10-04	2022-10-01	ASPS	RITTS GREGORY J.	Chief Legal, Compliance Off	M - OptEx	$0.00	+1,584	32.6K	+5%	$0
D	2022-10-04	2022-10-01	ASPS	RITTS GREGORY J.	Chief Legal, Compliance Off	F - Tax	$13.32	-746	31.8K	-2%	-$9,937
D	2022-10-04	2022-10-01	ASPS	RITTS GREGORY J.	Chief Legal, Compliance Off	M - OptEx	$0.00	-1,584	1,583	-50%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2022-10-01	M	A	1,584	$0.00	32,557	D	—	—	(F1) 1,584 shares of ASPS common stock were received upon the vesting of previously granted time-based restricted share units ("RSUs") pursuant to an award under the 2009 Equity Incentive Plan, as amended and restated.
2	Common	Common Stock	2022-10-01	F	D	746	$13.32	31,811	D	—	—	(F2) Of the 1,584 RSUs vesting into shares reported above, 746 shares were foregone to pay for the tax withholding with a net issuance to Mr. Ritts of 838 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 October 3, 2022 (the next active trading day following the vesting).
3	Derivative	Restricted Share Units	2022-10-01	M	D	1,584	$0.00	1,583	D	$0.00 · — to —	1,584 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 1,583 RSUs are scheduled to vest on the third anniversary of the October 1, 2020 grant date (i.e., October 1, 2023).