0001225208-16-038590.txt : 20160831
0001225208-16-038590.hdr.sgml : 20160831
20160831131447
ACCESSION NUMBER: 0001225208-16-038590
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160829
FILED AS OF DATE: 20160831
DATE AS OF CHANGE: 20160831
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: RITTS GREGORY J.
CENTRAL INDEX KEY: 0001621907
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34354
FILM NUMBER: 161862801
MAIL ADDRESS:
STREET 1: 40, AVENUE MONTEREY
CITY: LUXEMBOURG
STATE: N4
ZIP: L-2163
4
1
doc4.xml
X0306
4
2016-08-29
0001462418
Altisource Portfolio Solutions S.A.
ASPS
0001621907
RITTS GREGORY J.
40, AVENUE MONTEREY
N4
L-2163
LUXEMBOURG
1
General Counsel
Stock Options
32.6400
2016-08-29
4
A
0
5000.0000
0.0000
A
2026-08-29
Common Stock
5000.0000
5000.0000
D
Stock Options
32.6400
2016-08-29
4
A
0
5000.0000
0.0000
A
2026-08-29
Common Stock
5000.0000
10000.0000
D
Mr. Ritts was granted 5,000 time-based options. The time-based options will vest in 3 annual increments beginning on the first anniversary of the grant date.
Mr. Ritts was granted 5,000 performance-based options. 3,333 of the performance-based options vest in 3 increments: (a) 1,111 of the options vest when (i) the share price doubles the exercise price and (ii) investors achieve a 20% Annualized Rate of Return based on the exercise price; and (b) thereafter, 1,111 of the options vest on each of the first two anniversaries of the initial vesting. The remaining 1,667 performance-based options vest in 3 increments: (a) 555 of the options vest when (i) the share price triples the exercise price and (ii) investors achieve a 25% Annualized Rate of Return based on the exercise price; and (b) thereafter, 556 of the options vest on each of the first two anniversaries of the initial vesting.
Teresa L. Denoncourt, Attorney-in-Fact
2016-08-31