Form 4 for ASPS ALTISOURCE PORTFOLIO SOLUTIONS S.A.
Accepted 2024-03-12 00:00:00 ET · period of report 2024-03-09 · accession 0001664272-24-000206 · 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 | 2024-03-12 | 2024-03-09 | ASPS | Shepro William B | COB, CEO, Dir | G - Gift | $0.00 | -4,633 | 0 | -100% | $0 |
| D | 2024-03-12 | 2024-03-09 | ASPS | Shepro William B | COB, CEO, Dir | F - Tax | $2.80 | -4,128 | 4,633 | -47% | -$11.6K |
| D | 2024-03-12 | 2024-03-09 | ASPS | Shepro William B | COB, CEO, Dir | M - OptEx | $0.00 | +8,761 | 8,761 | New | $0 |
| DI | 2024-03-12 | 2024-03-09 | ASPS | Shepro William B | COB, CEO, Dir | G - Gift | $0.00 | +4,633 | 718.8K | +0.6% | $0 |
| DM | 2024-03-12 | 2024-03-09 | ASPS | Shepro William B | COB, CEO, Dir | M - OptEx | $0.00 | -8,761 | 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 | 2024-03-09 | G | D | 4,633 | $0.00 | 0 | D | — | — | (F3) Represents a transfer by gift by Mr. Shepro of 4,633 shares of ASPS common stock, acquired upon the vesting of Type I and Type II Performance- and Market-based RSUs, from his direct ownership to the William B. Shepro Revocable Trust. |
| 2 | Common | Common Stock | 2024-03-09 | F | D | 4,128 | $2.80 | 4,633 | D | — | — | (F2) Of the 8,761 RSUs vesting into shares reported above, 4,128 shares were foregone to pay for the tax withholding with a net issuance to Mr. Shepro of 4,633 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 11, 2024. |
| 3 | Common | Common Stock | 2024-03-09 | M | A | 8,761 | $0.00 | 8,761 | D William B. Shepro Revocable Trust | — | — | (F1) 8,761 shares of ASPS common stock were received upon the vesting of previously granted restricted share units ("RSUs") pursuant to awards under the Altisource 2021 Long Term Incentive Plan ("LTIP"). |
| 4 | Common | Common Stock | 2024-03-09 | G | A | 4,633 | $0.00 | 718,848 | I | — | — | (F3) Represents a transfer by gift by Mr. Shepro of 4,633 shares of ASPS common stock, acquired upon the vesting of Type I and Type II Performance- and Market-based RSUs, from his direct ownership to the William B. Shepro Revocable Trust. |
| 5 | Derivative | Restricted Share Units | 2024-03-09 | M | D | 4,561 | $0.00 | 0 | D | $0.00 · — to — | 4,561 Common Stock | (F5) Represents the full and final vesting of Type II Performance- and Market-based RSUs granted on March 9, 2021, pursuant to the Altisource 2021 LTIP. Each RSU represents a contingent right to receive one share of ASPS common stock. |
| 6 | Derivative | Restricted Share Units | 2024-03-09 | M | D | 4,200 | $0.00 | 0 | D | $0.00 · — to — | 4,200 Common Stock | (F4) Represents the final vesting of Type I Performance-based RSUs granted on March 9, 2021, pursuant to the Altisource 2021 LTIP. Each RSU represents a contingent right to receive one share of ASPS common stock. |