0001225208-15-010176.txt : 20150417 0001225208-15-010176.hdr.sgml : 20150417 20150417173307 ACCESSION NUMBER: 0001225208-15-010176 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150415 FILED AS OF DATE: 20150417 DATE AS OF CHANGE: 20150417 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: 15779112 MAIL ADDRESS: STREET 1: 40, AVENUE MONTEREY CITY: LUXEMBOURG CITY STATE: N4 ZIP: L-2163 4 1 doc4.xml X0306 4 2015-04-15 0001462418 Altisource Portfolio Solutions S.A. ASPS 0001609339 DAVILA JOSEPH A. 40, AVENUE MONTEREY N4 L-2163 LUXEMBOURG 1 President, Mortgage Services Common Stock 2015-04-15 4 A 0 5600.0000 0.0000 A 5600.0000 D Stock Options 18.7900 2015-04-15 4 A 0 7800.0000 0.0000 A 2025-04-15 Common Stock 7800.0000 7800.0000 D On April 15, 2015, Mr. Davila was granted 5,600 restricted shares of ASPS common stock, which are scheduled to vest in three equal installments on the second, third and fourth anniversaries of the April 15, 2015 grant date (i.e., April 15, 2017, April 15, 2018 and April 15, 2019). In the event that a corporate restructuring or a change of control transaction takes place (1) on or before six months after April 15, 2015, 50% of the restricted stock award will vest and the remainder will be forfeited, (2) between six and 18 months after April 15, 2015, 75% of the restricted stock award will vest and the remainder will be forfeited and (3) any time more than 18 months from April 15, 2015, 100% of the restricted stock award will vest. On April 15, 2015, Mr. Davila was granted 7,800 options to purchase shares of ASPS common stock, which are scheduled to vest in three equal installments on the first, second and third anniversaries of the April 15, 2015 grant date (i.e., April 15, 2016, April 15, 2017 and April 15, 2018). Teresa L. Denoncourt, Attorney-in-Fact 2015-04-17