0001664272-19-000013.txt : 20190214
0001664272-19-000013.hdr.sgml : 20190214
20190214174513
ACCESSION NUMBER: 0001664272-19-000013
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190212
FILED AS OF DATE: 20190214
DATE AS OF CHANGE: 20190214
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: WILCOX KEVIN JAMES
CENTRAL INDEX KEY: 0001470461
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34354
FILM NUMBER: 19608760
MAIL ADDRESS:
STREET 1: 40, AVENUE MONTEREY
CITY: LUXEMBOURG
STATE: N4
ZIP: L-2163
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
4
1
f4_a1e1n00000nfv83uab-live.xml
PRIMARY DOCUMENT
X0306
4
2019-02-12
false
0001462418
Altisource Portfolio Solutions S.A.
ASPS
0001470461
WILCOX KEVIN JAMES
40, AVENUE MONTEREY
LUXEMBOURG
N4
L-2163
LUXEMBOURG
false
true
false
false
Chief Admin & Risk Officer
Common Stock
2019-02-12
4
F
false
5897.0000
24.4100
D
241073.0000
D
Common Stock
2019-02-12
4
M
false
12500.0000
0.0000
A
246970.0000
D
Stock Options
24.8200
2019-02-12
4
A
false
100000.0000
0.0000
A
Common Stock
100000.0000
100000.0000
D
Restricted Share Units
0.0000
2019-02-12
4
M
false
12500.0000
0.0000
D
Common Stock
12500.0000
37500.0000
D
12,500 shares of ASPS common stock received upon the vesting of previously granted restricted share units ("RSUs") pursuant to an award under the 2018 Long Term Incentive Plan ("2018 LTIP").
Includes (i) 6,833 time-based restricted shares of ASPS common stock, which are scheduled to vest (and will be issued) on the fourth anniversary of the April 15, 2015 grant date (i.e., April 15, 2019) and (ii) 2,011 time-based restricted shares of ASPS common stock, which are scheduled to vest (and will be issued) in two equal installments on the second and third anniversaries of the April 7, 2017 grant date (i.e., April 7, 2019 and April 7, 2020). Mr. Wilcox has no voting rights with respect to these shares until they vest.
5,897 shares of the 12,500 shares received upon vesting of RSUs awarded under the 2018 LTIP were foregone to pay for the tax withholdings. Pursuant to the terms of the award agreement, the price per share used to determine the tax withholdings was the opening price of ASPS common stock on February 12, 2019.
Represents the vesting of RSUs. The remaining 37,500 RSUs are scheduled to vest in three equal installments on the second, third and fourth anniversaries of the February 12, 2018 grant date (i.e., February 12, 2020; February 12, 2021; and February 12, 2022). Each RSU represents a contingent right to receive one share of ASPS common stock.
Consists of 25,000 options that vested on February 12, 2019 due to stated criteria and 75,000 options that are scheduled to vest in three equal installments on the first, second and third anniversaries of the February 12, 2019 initial vesting date (i.e., February 12, 2020; February 12, 2021; and February 12, 2022), pursuant to an award under the 2018 LTIP.
/s/ Matthew B. Benz, Attorney-in-Fact
2019-02-14