0001225208-15-007616.txt : 20150312
0001225208-15-007616.hdr.sgml : 20150312
20150312085014
ACCESSION NUMBER: 0001225208-15-007616
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20141111
FILED AS OF DATE: 20150312
DATE AS OF CHANGE: 20150312
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: DAVILA JOSEPH A.
CENTRAL INDEX KEY: 0001609339
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34354
FILM NUMBER: 15694501
MAIL ADDRESS:
STREET 1: 40, AVENUE MONTEREY
CITY: LUXEMBOURG CITY
STATE: N4
ZIP: L-2163
4
1
doc4.xml
X0306
4
2014-11-11
0001462418
Altisource Portfolio Solutions S.A.
ASPS
0001609339
DAVILA JOSEPH A.
40, AVENUE MONTEREY
N4
L-2163
LUXEMBOURG
1
President, Mortgage Services
Stock Options
72.7800
2014-11-11
4
A
0
25000.0000
0.0000
A
2024-11-11
Common Stock
25000.0000
25000.0000
D
On November 11, 2014, Mr. Davila 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 when (a) 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
2015-03-12