-----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, T68dSBMU9aJhngy7vnRvgzmjnPg2NXoTavKSt+Oi+rzdKfE8PX0bns+NBNFSI6uQ kPFxgopec1UUxoaQKB/xsg== 0001188112-10-001793.txt : 20100713 0001188112-10-001793.hdr.sgml : 20100713 20100713173141 ACCESSION NUMBER: 0001188112-10-001793 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090922 FILED AS OF DATE: 20100713 DATE AS OF CHANGE: 20100713 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: STILES ROBERT DANIEL CENTRAL INDEX KEY: 0001470446 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34354 FILM NUMBER: 10950852 MAIL ADDRESS: STREET 1: 2-8 AVENUE CHARLES DE GAULLE CITY: LUXEMBOURG STATE: N4 ZIP: L-1653 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 2009-09-22 0001462418 Altisource Portfolio Solutions S.A. ASPS 0001470446 STILES ROBERT DANIEL 2 RUE JEAN BERTHOLET LUXEMBOURG N4 L-1233 LUXEMBOURG 0 1 0 0 CHIEF FINANCIAL OFFICER Employee Stock Options (Right to Buy) 14.15 2009-09-22 4 A 0 33333 14.15 A 2019-09-22 Common Stock 33333 33333 D Employee Stock Options (Right to Buy) 22.01 2010-01-25 4 A 0 46667 22.01 A 2020-01-25 Common Stock 46667 46667 D 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, Attorney-In-Fact 2010-07-13 -----END PRIVACY-ENHANCED MESSAGE-----