Form 4 for ASPS ALTISOURCE PORTFOLIO SOLUTIONS S.A.
Accepted 2025-04-09 00:00:00 ET · period of report 2025-04-09 · accession 0001664272-25-000268 · 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 | 2025-04-09 | 2025-04-09 | ASPS | RITTS GREGORY J. | Chief Legal, Compliance Off | P - Purchase | $0.48 | +20.0K | 272.0K | +8% | +$9,600 |
| DM | 2025-04-09 | 2025-04-09 | ASPS | RITTS GREGORY J. | Chief Legal, Compliance Off | A - Grant | $0.00 | +40.0K | 945.4K | +4% | $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 | 2025-04-09 | P | A | 20,000 | $0.48 | 272,041 | D | — | — | (F1) Represents a private purchase of Altisource Portfolio Solutions S.A. common stock pursuant to a Purchase and Sale Agreement dated March 26, 2025. (F2) Includes 157,330 RSUs. |
| 2 | Derivative | Cash Exercise Stakeholder Warrants (Right to Buy) | 2025-04-09 | A | A | 20,000 | $0.00 | 945,410 | D | $1.95 · — to 2029-04-02 | 32,500 Common Stock | (F3) The reporting person received the Cash Exercise Stakeholder Warrants ("Cash Exercise Warrants") and the Net Settle Stakeholder Warrants ("Net Settle Warrants," and collectively with the Cash Exercise Warrants, the "Warrants") as part of a distribution by the Issuer of transferable warrants to certain securityholders of the Issuer for no consideration. (F4) The initial exercise date of the Warrants is the later of (i) July 2, 2025 and (ii) first date on which the VWAP (as defined in the Warrant Agent Agreement, a copy of which was filed as Exhibit 4.1 to the Issuer's Current Report on Form 8-K filed with the SEC on April 2, 2025 (the "Warrant Agreement")) of the common stock equals or exceeds the Implied Per Share Exercise Price (as defined in the Warrant Agreement) of the Warrants (initially, $1.20). |
| 3 | Derivative | Net Settle Stakeholder Warrants (Right to Buy) | 2025-04-09 | A | A | 20,000 | $0.00 | 945,410 | D | $1.95 · — to 2032-04-30 | 32,500 Common Stock | (F3) The reporting person received the Cash Exercise Stakeholder Warrants ("Cash Exercise Warrants") and the Net Settle Stakeholder Warrants ("Net Settle Warrants," and collectively with the Cash Exercise Warrants, the "Warrants") as part of a distribution by the Issuer of transferable warrants to certain securityholders of the Issuer for no consideration. (F4) The initial exercise date of the Warrants is the later of (i) July 2, 2025 and (ii) first date on which the VWAP (as defined in the Warrant Agent Agreement, a copy of which was filed as Exhibit 4.1 to the Issuer's Current Report on Form 8-K filed with the SEC on April 2, 2025 (the "Warrant Agreement")) of the common stock equals or exceeds the Implied Per Share Exercise Price (as defined in the Warrant Agreement) of the Warrants (initially, $1.20). |