0001664272-20-000035.txt : 20200214 0001664272-20-000035.hdr.sgml : 20200214 20200214163430 ACCESSION NUMBER: 0001664272-20-000035 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200212 FILED AS OF DATE: 20200214 DATE AS OF CHANGE: 20200214 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Shepro William B CENTRAL INDEX KEY: 0001289315 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34354 FILM NUMBER: 20620923 MAIL ADDRESS: STREET 1: 40, AVENUE MONTEREY CITY: LUXEMBOURG STATE: N4 ZIP: L-2163 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Altisource Portfolio Solutions S.A. CENTRAL INDEX KEY: 0001462418 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS BUSINESS SERVICES [7380] IRS NUMBER: 000000000 STATE OF INCORPORATION: N4 BUSINESS ADDRESS: STREET 1: 40, AVENUE MONTEREY STREET 2: L-2163 LUXEMBOURG CITY CITY: GRAND DUCHY OF LUXEMBOURG STATE: N4 ZIP: 50 BUSINESS PHONE: 352 24 69 79 00 MAIL ADDRESS: STREET 1: 40, AVENUE MONTEREY STREET 2: L-2163 LUXEMBOURG CITY CITY: GRAND DUCHY OF LUXEMBOURG STATE: N4 ZIP: 50 FORMER COMPANY: FORMER CONFORMED NAME: Altisource Portfolio Solutions S.a.r.l. DATE OF NAME CHANGE: 20090422 4 1 f4_a1e2k00000jtljxuap-live.xml PRIMARY DOCUMENT X0306 4 2020-02-12 false 0001462418 Altisource Portfolio Solutions S.A. ASPS 0001289315 Shepro William B 40, AVENUE MONTEREY LUXEMBOURG N4 L-2163 LUXEMBOURG true true false false Chairman and CEO Common Stock 2020-02-12 5 G false 13205.0000 0.0000 A 441697.0000 I By William B. Shepro Revocable Trust Common Stock 2020-02-12 5 G false 13205.0000 0.0000 D 4309.0000 D Common Stock 2020-02-12 4 F false 11795.0000 19.6000 D 17514.0000 D Common Stock 2020-02-12 4 M false 25000.0000 0.0000 A 29309.0000 D Restricted Share Units 0.0000 2020-02-12 4 M false 25000.0000 0.0000 D Common Stock 25000.0000 50000.0000 D 25,000 shares of ASPS common stock received upon the vesting of previously granted restricted share units ("RSUs") pursuant to an award under the 2018 Long Term Incentive Plan. Includes 4,309 time-based restricted shares of ASPS common stock, which are scheduled to vest (and will be issued) on the third anniversary of the April 7, 2017 grant date (i.e., April 7, 2020). Mr. Shepro has no voting rights with respect to these shares until they vest. Of the 25,000 RSUs vesting into shares reported above, 11,795 shares were foregone to pay for the tax withholding with a net issuance to Mr. Shepro of 13,205 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 February 12, 2020. Represents a transfer by gift by Mr. Shepro of 13,205 shares of ASPS common stock acquired upon the vesting of 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. Represents the vesting of RSUs. The remaining 50,000 RSUs are scheduled to vest in two equal installments on the third and fourth anniversaries of the February 12, 2018 grant date (i.e., February 12, 2021 and February 12, 2022). Each RSU represents a contingent right to receive one share of ASPS common stock. /s/ Teresa L. Szupello, Attorney-in-Fact 2020-02-14