Form 4 for ASPS ALTISOURCE PORTFOLIO SOLUTIONS S.A.
Accepted 2023-03-03 00:00:00 ET · period of report 2023-03-01 · accession 0001664272-23-000199 · 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 | 2023-03-03 | 2023-03-01 | ASPS | Esterman Michelle D. | CFO | F - Tax | $5.85 | -3,161 | 74.2K | -4% | -$18.5K |
| DM | 2023-03-03 | 2023-03-01 | ASPS | Esterman Michelle D. | CFO | M - OptEx | $0.00 | +10.7K | 74.1K | +17% | $0 |
| DM | 2023-03-03 | 2023-03-01 | ASPS | Esterman Michelle D. | CFO | M - OptEx | $0.00 | -10.7K | 6,667 | -62% | $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 | 2023-03-01 | F | D | 3,161 | $5.85 | 74,236 | D | — | — | (F3) Of the 10,665 RSUs vesting into shares reported above, 3,161 shares were foregone to pay for the tax withholding with a net issuance to Ms. Esterman of 7,504 shares. Pursuant to the terms of the award agreements, the price per share used to determine the tax withholdings was the opening price of ASPS common stock on March 1, 2023. |
| 2 | Common | Common Stock | 2023-03-01 | M | A | 3,333 | $0.00 | 77,397 | D | — | — | (F2) 3,333 shares of ASPS common stock were received upon the vesting of previously granted time-based RSUs pursuant to an award under the Company's 2009 Equity Incentive Plan, as amended and restated. |
| 3 | Common | Common Stock | 2023-03-01 | M | A | 7,332 | $0.00 | 74,064 | D | — | — | (F1) 7,332 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 Company's 2009 Equity Incentive Plan, as amended and restated. |
| 4 | Derivative | Restricted Share Units | 2023-03-01 | M | D | 7,332 | $0.00 | 4,887 | D | $0.00 · — to — | 7,332 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 4,887 RSUs are scheduled to vest on the second anniversary of the grant date (i.e., March 1, 2024). |
| 5 | Derivative | Restricted Share Units | 2023-03-01 | M | D | 3,333 | $0.00 | 6,667 | D | $0.00 · — to — | 3,333 Common Stock | (F4) Represents the vesting of RSUs. Each RSU represents a contingent right to receive one share of ASPS common stock. (F5) The remaining 6,667 RSUs are scheduled to vest in two increments on the second and third anniversaries of the grant date (i.e., March 1, 2024 and March 1, 2025). |