0001664272-20-000067.txt : 20200227
0001664272-20-000067.hdr.sgml : 20200227
20200227201306
ACCESSION NUMBER: 0001664272-20-000067
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200225
FILED AS OF DATE: 20200227
DATE AS OF CHANGE: 20200227
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: 20665107
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_a1e2k00000jm4wbuaj-live.xml
PRIMARY DOCUMENT
X0306
4
2020-02-25
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
2020-02-25
5
G
false
10153.0000
0.0000
A
451850.0000
I
By William B. Shepro Revocable Trust
Common Stock
2020-02-25
5
G
false
10153.0000
0.0000
D
4309.0000
D
Common Stock
2020-02-25
4
F
false
9068.0000
18.9100
D
14462.0000
D
Common Stock
2020-02-25
4
M
false
19221.0000
0.0000
A
23530.0000
D
Restricted Share Units
0.0000
2020-02-25
4
M
false
13729.0000
0.0000
D
Common Stock
27458.0000
13729.0000
D
Restricted Share Units
0.0000
2020-02-25
4
M
false
5492.0000
0.0000
D
Common Stock
10983.0000
5491.0000
D
19,221 shares of ASPS common stock received upon the vesting of previously granted restricted share units ("RSUs") pursuant to an award under the 2009 Equity Incentive Plan, as amended and the 2018 Annual 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 19,221 RSUs vesting into shares reported above, 9,068 shares were foregone to pay for the tax withholding with a net issuance to Mr. Shepro of 10,153 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 25, 2020.
Represents a transfer by gift by Mr. Shepro of 10,153 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 5,491 RSUs are scheduled to vest on the second anniversary of the February 25, 2019 grant date (i.e., February 25, 2021). Each RSU represents a contingent right to receive one share of ASPS common stock.
Represents the vesting of RSUs. The remaining 13,729 RSUs are scheduled to vest on the second anniversary of the February 25, 2019 grant date (i.e., February 25, 2021). Each RSU represents a contingent right to receive one share of ASPS common stock.
/s/ Teresa L. Szupello, Attorney-in-Fact
2020-02-27