0001225208-15-003732.txt : 20150212
0001225208-15-003732.hdr.sgml : 20150212
20150212154716
ACCESSION NUMBER: 0001225208-15-003732
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150210
FILED AS OF DATE: 20150212
DATE AS OF CHANGE: 20150212
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
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Esterman Michelle D.
CENTRAL INDEX KEY: 0001544019
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34354
FILM NUMBER: 15605792
MAIL ADDRESS:
STREET 1: 291, ROUTE D'ARLON
CITY: LUXEMBOURG CITY
STATE: N4
ZIP: L-1150
4
1
doc4.xml
X0306
4
2015-02-10
0001462418
Altisource Portfolio Solutions S.A.
ASPS
0001544019
Esterman Michelle D.
291, ROUTE D'ARLON
LUXEMBOURG CITY
N4
L-1150
LUXEMBOURG
1
Chief Financial Officer
Stock Options
21.8900
2015-02-10
4
A
0
25000.0000
0.0000
A
2025-02-10
Common Stock
25000.0000
25000.0000
D
On February 10, 2015, Ms. Esterman was granted 25,000 options. The vesting schedule is as follows: (1) Time Based. 6,250 options (25%) vest in 4 increments, beginning on the anniversary of the grant date; (2) Performance Based. 12,500 options (50%) vest in 4 increments: 1/4 of the options vest when (a) the share price doubles the exercise price and (b) investors achieve a 20% Annualized Rate of Return based on the exercise price. Thereafter, 1/4 of the options vest each anniversary of the initial vesting; and (3) Extraordinary Performance Based. The remaining 6,250 options (25%) vest in 4 increments. 1/4 of the options vest: (a) when the share price triples the exercise price and (b) investors achieve a 25% Annualized Rate of Return based on the exercise price. Thereafter, 1/4 of the options vest each anniversary of the initial vesting.
Teresa L. Denoncourt, Attorney-in-Fact
2015-02-12