-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, RUqWOHvW7NSh6Q5ZB5gjdcBGysxBTi6QfS3WLXyXAadO8JKA8lFKLneko02C9btk 7SaEMD7WIOcvuWjTBFINYA== 0001188112-10-001791.txt : 20100713 0001188112-10-001791.hdr.sgml : 20100713 20100713172946 ACCESSION NUMBER: 0001188112-10-001791 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100519 FILED AS OF DATE: 20100713 DATE AS OF CHANGE: 20100713 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: WILCOX KEVIN JAMES CENTRAL INDEX KEY: 0001470461 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34354 FILM NUMBER: 10950846 MAIL ADDRESS: STREET 1: 2 RUE JEAN BERTHOLET CITY: LUXEMBOURG STATE: N4 ZIP: L-1233 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: 2 RUE JEAN BERTHOLET CITY: L-1233 LUXEMBOURG STATE: N4 ZIP: 50 BUSINESS PHONE: 561-681-8000 MAIL ADDRESS: STREET 1: 2 RUE JEAN BERTHOLET CITY: L-1233 LUXEMBOURG STATE: N4 ZIP: 50 FORMER COMPANY: FORMER CONFORMED NAME: Altisource Portfolio Solutions S.a.r.l. DATE OF NAME CHANGE: 20090422 4 1 edgar.xml PRIMARY DOCUMENT X0303 4 2010-05-19 0001462418 Altisource Portfolio Solutions S.A. ASPS 0001470461 WILCOX KEVIN JAMES 2 RUE JEAN BERTHOLET LUXEMBOURG N4 L-1233 LUXEMBOURG 0 1 0 0 CAO & GENERAL COUNSEL Employee Stock Options (Right to Buy) 24.85 2010-05-19 4 A 0 120000 24.85 A 2020-05-19 Common Stock 120000 120000 D The vesting schedule for these options has a time-based component, in which 25% of the options vest in equal increments over four years, and a performance-based component, in which up to 75% of the options could vest in equal increments, with 25% vesting immediately upon the achievement of certain performance criteria related to Altisource's stock price and its annualized rate of return and the remaining 75% vesting over the next three years. Two-thirds of the performance-based options would commence vesting if the stock price realizes a compounded annual gain of at least 20% over the exercise price, so long as the stock price is at least double the exercise price. The remaining third of the performance-based options would commence vesting if the stock price realizes a 25% compounded annual gain, so long as it is at least triple the exercise price. /s/ Kevin J. Wilcox 2010-07-13 -----END PRIVACY-ENHANCED MESSAGE-----