Form 4 for ASPS ALTISOURCE PORTFOLIO SOLUTIONS S.A.
Accepted 2023-10-03 00:00:00 ET · period of report 2023-10-01 · accession 0001664272-23-000449 · 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 | 2023-10-03 | 2023-10-01 | ASPS | Shepro William B | COB, CEO, Dir | F - Tax | $4.00 | -1,571 | 1,762 | -47% | -$6,284 |
| D | 2023-10-03 | 2023-10-01 | ASPS | Shepro William B | COB, CEO, Dir | M - OptEx | $0.00 | +3,333 | 3,333 | New | $0 |
| DI | 2023-10-03 | 2023-10-01 | ASPS | Shepro William B | COB, CEO, Dir | G - Gift | $0.00 | +1,762 | 688.6K | +0.3% | $0 |
| D | 2023-10-03 | 2023-10-01 | ASPS | Shepro William B | COB, CEO, Dir | G - Gift | $0.00 | -1,762 | 0 | -100% | $0 |
| D | 2023-10-03 | 2023-10-01 | ASPS | Shepro William B | COB, CEO, Dir | M - OptEx | $0.00 | -3,333 | 0 | -100% | $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 | 2023-10-01 | F | D | 1,571 | $4.00 | 1,762 | D | — | — | (F2) Of the 3,333 RSUs vesting into shares reported above, 1,571 shares were foregone to pay for the tax withholding with a net issuance to Mr. Shepro of 1,762 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 2, 2023 (the next active trading day following the vesting). |
| 2 | Common | Common Stock | 2023-10-01 | M | A | 3,333 | $0.00 | 3,333 | D | — | — | (F1) 3,333 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. |
| 3 | Common | Common Stock | 2023-10-01 | G | A | 1,762 | $0.00 | 688,562 | I William B. Shepro Revocable Trust | — | — | (F3) Represents a transfer by gift by Mr. Shepro of 1,762 shares of ASPS common stock, acquired upon the vesting of time-based 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 | 2023-10-01 | G | D | 1,762 | $0.00 | 0 | D | — | — | (F3) Represents a transfer by gift by Mr. Shepro of 1,762 shares of ASPS common stock, acquired upon the vesting of time-based 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. |
| 5 | Derivative | Restricted Share Units | 2023-10-01 | M | D | 3,333 | $0.00 | 0 | 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. |