Form 4 for ASPS ALTISOURCE PORTFOLIO SOLUTIONS S.A.
Accepted 2023-10-03 00:00:00 ET · period of report 2023-10-01 · accession 0001664272-23-000450 · 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 | RITTS GREGORY J. | Chief Legal, Compliance Off | F - Tax | $4.00 | -748 | 43.6K | -2% | -$2,992 |
| D | 2023-10-03 | 2023-10-01 | ASPS | RITTS GREGORY J. | Chief Legal, Compliance Off | M - OptEx | $0.00 | +1,583 | 44.4K | +4% | $0 |
| D | 2023-10-03 | 2023-10-01 | ASPS | RITTS GREGORY J. | Chief Legal, Compliance Off | M - OptEx | $0.00 | -1,583 | 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 | 748 | $4.00 | 43,636 | D | — | — | (F2) Of the 1,583 RSUs vesting into shares reported above, 748 shares were foregone to pay for the tax withholding with a net issuance to Mr. Ritts of 835 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 | 1,583 | $0.00 | 44,384 | D | — | — | (F1) 1,583 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 | Derivative | Restricted Share Units | 2023-10-01 | M | D | 1,583 | $0.00 | 0 | D | $0.00 · — to — | 1,583 Common Stock | (F3) Represents the vesting of RSUs. Each RSU represents a contingent right to receive one share of ASPS common stock. |