0001664272-24-000315.txt : 20240725 0001664272-24-000315.hdr.sgml : 20240725 20240725160645 ACCESSION NUMBER: 0001664272-24-000315 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240723 FILED AS OF DATE: 20240725 DATE AS OF CHANGE: 20240725 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Shepro William B CENTRAL INDEX KEY: 0001289315 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34354 FILM NUMBER: 241142082 MAIL ADDRESS: STREET 1: C/O ALTISOURCE PORTFOLIO SOLUTIONS S.A. STREET 2: 33, BOULEVARD PRINCE HENRI CITY: LUXEMBOURG STATE: N4 ZIP: L-1724 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ALTISOURCE PORTFOLIO SOLUTIONS S.A. CENTRAL INDEX KEY: 0001462418 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS BUSINESS SERVICES [7380] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 000000000 STATE OF INCORPORATION: N4 BUSINESS ADDRESS: STREET 1: 33, BOULEVARD PRINCE HENRI STREET 2: L-1724 LUXEMBOURG CITY CITY: GRAND DUCHY OF LUXEMBOURG STATE: N4 ZIP: 50 BUSINESS PHONE: 352 24 69 79 00 MAIL ADDRESS: STREET 1: 33, BOULEVARD PRINCE HENRI STREET 2: L-1724 LUXEMBOURG CITY CITY: GRAND DUCHY OF LUXEMBOURG STATE: N4 ZIP: 50 FORMER COMPANY: FORMER CONFORMED NAME: Altisource Portfolio Solutions S.A. DATE OF NAME CHANGE: 20090625 FORMER COMPANY: FORMER CONFORMED NAME: Altisource Portfolio Solutions S.a.r.l. DATE OF NAME CHANGE: 20090422 4 1 f4_a1edp0000016rajmam-live.xml PRIMARY DOCUMENT X0508 4 2024-07-23 false 0001462418 ALTISOURCE PORTFOLIO SOLUTIONS S.A. ASPS 0001289315 Shepro William B C/O ALTISOURCE PORTFOLIO SOLUTIONS S.A. 33, BOULEVARD PRINCE HENRI LUXEMBOURG N4 L-1724 LUXEMBOURG true true false false Chairman and CEO false Common Stock 2024-07-23 4 A false 50195.0000 1.4200 A 856608.0000 I William B. Shepro Revocable Trust Common Stock 2024-07-23 4 F false 23688.0000 1.2700 D 832920.0000 I William B. Shepro Revocable Trust As part of a previously disclosed company-wide cost reduction plan, Mr. Shepro has volunteered to temporarily modify his compensation by offering the Company the option to replace up to 30% of his base compensation with a grant of unrestricted ASPS common stock (the "Adjustment"). At the end of each calendar quarter (each a "Period"), until either Mr. Shepro or the Company, upon written notice, reduces or terminates the Adjustment, the Company will determine the portion of the reduced amount to be paid in common stock and transfer the shares. For the Period ended June 30, 2024, Mr. Shepro received 50,195 shares, which vested immediately. Represents the cost per share used to calculate the temporary compensation replacement described in Footnote 1. Given that the shares were a replacement for compensation, their net cost was $0. Of the 50,195 shares granted to Mr. Shepro, reported above, 23,688 shares were forgone to pay for the tax withholding with a net issuance to Mr. Shepro of 26,507 shares. Represents the cost per share used to determine the tax withholding; the opening price of ASPS common stock on the grant date. /s/ Teresa L. Szupello, Attorney-in-Fact 2024-07-25