Form 4 for ASPS ALTISOURCE PORTFOLIO SOLUTIONS S.A.
Accepted 2024-03-05 00:00:00 ET · period of report 2024-03-01 · accession 0001664272-24-000199 · 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 | 2024-03-05 | 2024-03-01 | ASPS | Shepro William B | COB, CEO, Dir | F - Tax | $2.78 | -16.6K | 18.6K | -47% | -$46.2K |
| DM | 2024-03-05 | 2024-03-01 | ASPS | Shepro William B | COB, CEO, Dir | M - OptEx | $0.00 | +35.2K | 35.2K | New | $0 |
| D | 2024-03-05 | 2024-03-01 | ASPS | Shepro William B | COB, CEO, Dir | G - Gift | $0.00 | -18.6K | 0 | -100% | $0 |
| DI | 2024-03-05 | 2024-03-01 | ASPS | Shepro William B | COB, CEO, Dir | G - Gift | $0.00 | +18.6K | 714.2K | +3% | $0 |
| DM | 2024-03-05 | 2024-03-01 | ASPS | Shepro William B | COB, CEO, Dir | M - OptEx | $0.00 | -35.2K | 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 | 2024-03-01 | F | D | 16,613 | $2.78 | 18,598 | D | — | — | (F3) Of the 35,211 RSUs vesting into shares reported above, 16,613 shares were foregone to pay for the tax withholding with a net issuance to Mr. Shepro of 18,598 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, 2024. |
| 2 | Common | Common Stock | 2024-03-01 | M | A | 21,553 | $0.00 | 21,553 | D William B. Shepro Revocable Trust | — | — | (F1) 21,553 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 and 2021 Annual Incentive Plan. |
| 3 | Common | Common Stock | 2024-03-01 | M | A | 13,658 | $0.00 | 35,211 | 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 and 2022 Long-Term Equity Incentive Plan. |
| 4 | Common | Common Stock | 2024-03-01 | G | D | 18,598 | $0.00 | 0 | D | — | — | (F4) Represents a transfer by gift by Mr. Shepro of 18,598 shares of ASPS common stock, acquired upon the vesting of time-based RSUs, from his direct ownership to the William B. Shepro Revocable Trust. |
| 5 | Common | Common Stock | 2024-03-01 | G | A | 18,598 | $0.00 | 714,215 | I | — | — | (F4) Represents a transfer by gift by Mr. Shepro of 18,598 shares of ASPS common stock, acquired upon the vesting of time-based RSUs, from his direct ownership to the William B. Shepro Revocable Trust. |
| 6 | Derivative | Restricted Share Units | 2024-03-01 | M | D | 13,658 | $0.00 | 13,659 | 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. (F6) The remaining 13,659 RSUs are scheduled to vest on the third anniversary of the grant date (i.e., March 1, 2025). |
| 7 | Derivative | Restricted Share Units | 2024-03-01 | M | D | 21,553 | $0.00 | 0 | D | $0.00 · — to — | 21,553 Common Stock | (F5) Represents the vesting of RSUs. Each RSU represents a contingent right to receive one share of ASPS common stock. |