Form 4/A for ASPS ALTISOURCE PORTFOLIO SOLUTIONS S.A.
Accepted 2023-03-06 00:00:00 ET · period of report 2023-03-01 · accession 0001664272-23-000202 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DAI | 2023-03-06 | 2023-03-01 | ASPS | Shepro William B | COB, CEO, Dir | G - Gift | $0.00 | +24.3K | 628.1K | +4% | $0 |
| DA | 2023-03-06 | 2023-03-01 | ASPS | Shepro William B | COB, CEO, Dir | G - Gift | $0.00 | -24.3K | 0 | -100% | $0 |
| DA | 2023-03-06 | 2023-03-01 | ASPS | Shepro William B | COB, CEO, Dir | F - Tax | $5.85 | -21.7K | 24.3K | -47% | -$126.9K |
| DMA | 2023-03-06 | 2023-03-01 | ASPS | Shepro William B | COB, CEO, Dir | M - OptEx | $0.00 | +46.0K | 32.3K | New | $0 |
| DMA | 2023-03-06 | 2023-03-01 | ASPS | Shepro William B | COB, CEO, Dir | M - OptEx | $0.00 | -46.0K | 21.6K | -68% | $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 | G | A | 24,294 | $0.00 | 628,123 | I William B. Shepro Revocable Trust | — | — | (F4) Amended to reflect that this represents a transfer by gift by Mr. Shepro of 24,294 shares of ASPS common stock, acquired upon the vesting of time-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. |
| 2 | Common | Common Stock | 2023-03-01 | G | D | 24,294 | $0.00 | 0 | D | — | — | (F4) Amended to reflect that this represents a transfer by gift by Mr. Shepro of 24,294 shares of ASPS common stock, acquired upon the vesting of time-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 | 2023-03-01 | F | D | 21,693 | $5.85 | 24,294 | D | — | — | (F3) Amended to reflect that, of the 45,987 RSUs vesting into shares reported above, 21,693 shares were foregone to pay for the tax withholding with a net issuance to Mr. Shepro of 24,294 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. |
| 4 | Common | Common Stock | 2023-03-01 | M | A | 13,658 | $0.00 | 45,987 | D | — | — | (F2) 13,658 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. |
| 5 | Common | Common Stock | 2023-03-01 | M | A | 32,329 | $0.00 | 32,329 | D | — | — | (F1) Amended to reflect that 32,329 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. |
| 6 | Derivative | Restricted Share Units | 2023-03-01 | M | D | 13,658 | $0.00 | 27,317 | D | $0.00 · — to — | 13,658 Common Stock | (F5) Represents the vesting of RSUs. Each RSU represents a contingent right to receive one share of ASPS common stock. (F7) The remaining 27,317 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). |
| 7 | Derivative | Restricted Share Units | 2023-03-01 | M | D | 32,329 | $0.00 | 21,553 | D | $0.00 · — to — | 32,329 Common Stock | (F5) Represents the vesting of RSUs. Each RSU represents a contingent right to receive one share of ASPS common stock. (F6) The remaining 21,553 RSUs are scheduled to vest on the second anniversary of the grant date (i.e., March 1, 2024). |