0001664272-19-000069.txt : 20191113
0001664272-19-000069.hdr.sgml : 20191113
20191113171739
ACCESSION NUMBER: 0001664272-19-000069
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20191112
FILED AS OF DATE: 20191113
DATE AS OF CHANGE: 20191113
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MASTIONI MARCELLO
CENTRAL INDEX KEY: 0001761497
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34354
FILM NUMBER: 191215196
MAIL ADDRESS:
STREET 1: 40, AVENUE MONTEREY
CITY: LUXEMBOURG CITY
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_a1e2k00000h1cpzuab-live.xml
PRIMARY DOCUMENT
X0306
4
2019-11-12
false
0001462418
Altisource Portfolio Solutions S.A.
ASPS
0001761497
MASTIONI MARCELLO
40, AVENUE MONTEREY
LUXEMBOURG CITY
N4
L-2163
LUXEMBOURG
false
true
false
false
Chief Operating Officer
Common Stock
2019-11-12
4
F
false
975.0000
18.2400
D
29374.0000
D
Common Stock
2019-11-12
4
M
false
5000.0000
0.0000
A
30349.0000
D
Restricted Share Units
0.0000
2019-11-12
4
M
false
5000.0000
0.0000
D
Common Stock
5000.0000
10000.0000
D
5,000 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 10,000 time-based restricted shares of ASPS common stock, which are scheduled to vest (and will be issued on the third anniversary of the grant date (i.e., August 1, 2020). Mr. Mastioni has no voting rights with respect to these shares until they vest.
Of the 5,000 RSUs vesting into shares reported above, 975 shares were foregone to pay for the tax withholding and 4,025 shares were acquired by the reporting person. 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 November 12, 2019.
Represents the vesting of RSUs. The remaining 10,000 RSUs are scheduled to vest in two equal installments on the second and third anniversaries of the grant date (i.e., November 12, 2020 and November 12, 2021). Each RSU represents a contingent right to receive one share of ASPS common stock.
/s/ Teresa L. Szupello, Attorney-in-Fact
2019-11-13
EX-24
2
mastionipoa.txt
MASTIONI_POA.TXT
MARCELLO MASTIONI
ALTISOURCE PORTFOLIO SOLUTIONS S.A.
POWER OF ATTORNEY FOR SECTION 16 REPORTING OBLIGATIONS
APPOINTMENT of Attorney-in-Fact. Be it known to all that the undersigned,
Marcello Mastioni, hereby constitutes and appoints each of Kevin J. Wilcox,
Matias Canibe and Teresa L. Szupello, signing singly, to be my true and
lawful attorney-in-fact to:
(1) execute for and on my behalf, in my capacity as an officer and/or director
of Altisource Portfolio Solutions S.A. (the "Company"), Forms 3, 4, and 5
(including amendments thereto) in accordance with Section 16(a) of the
Securities Exchange Act of 1934 and the rules and regulations thereunder and
a Form ID, Uniform Application for Access Codes to File on EDGAR;
(2) do and perform any and all acts for and on my behalf which may be
necessary or desirable to complete and execute any such Forms 3, 4 or 5 or
Form ID and timely file such forms (including amendments thereto) and
application with the United States Securities and Exchange Commission and any
stock exchange or similar authority; and
(3) take any other action of any type whatsoever in connection with the
foregoing which, in the opinion of the General Counsel, may be of benefit to,
in the best interest of, or legally required by me, it being understood that
the documents executed by such attorney-in-fact on my behalf pursuant to this
Power of Attorney shall be in such form and shall contain such terms and
conditions as in the General Counsel's discretion.
The undersigned hereby grants to each such attorney-in-fact full power and
authority to do and perform any and every act and thing whatsoever requisite,
necessary or proper to be done in the exercise of any of the rights and powers
herein granted, as fully to all intents and purposes as the undersigned might
or could do if personally present, with full power of substitution or
revocation, hereby ratifying and confirming all that such attorney-in-fact
shall lawfully do or cause to be done by virtue of this power of attorney and
the rights and powers herein granted. The undersigned acknowledges that the
attorneys-in-fact, in serving in such capacity at the request of the
undersigned, are not assuming, nor is the Company assuming, any of the
undersigned's responsibilities to comply with Section 16 of the Securities
Exchange Act of 1934 or any liability of the undersigned for failure to comply
with such requirements.
The undersigned agrees that each such attorney-in-fact herein may rely entirely
on information furnished orally or in writing by the undersigned, or the
undersigned's agent to such attorney-in-fact. The undersigned also agrees to
indemnify and hold harmless the Company and each such attorney-in-fact against
any losses, claims, damages or liabilities (or actions in these respects) that
arise out of or are based upon any untrue statements or omission of necessary
facts in the information provided by the undersigned or the undersigned's agent
to such attorney-in fact for purposes of executing, acknowledging, delivering
or filing Forms 3, 4 or 5 (including amendments thereto) or Form ID and agrees
to reimburse the Company and such attorney-in-fact for any legal or other
expenses reasonably incurred in connection with investigating or defending
against any such loss, claim, damage, liability or action.
This Power of Attorney supersedes any power of attorney previously executed by
the undersigned and the authority of the attorneys-in-fact named in any prior
powers of attorney is hereby revoked.
DURATION. This Power of Attorney shall remain in full force and effect until
the undersigned is no longer required to file Forms 3, 4 or 5 with respect to
the undersigned's holdings of and transactions in securities issued by the
Company, unless earlier (a) revoked by the undersigned in a signed writing
delivered to the foregoing attorneys-in-fact or (b) superseded by a new power
of attorney regarding the purposes outlined in the first paragraph hereof
dated as of a later date.
The signatures of the Attorneys-in-Fact follow below.
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed as of this 29th day of October, 2019.
/s/ Marcello Mastioni
Altisource Portfolio Solutions S.A.
/s/ Kevin J. Wilcox, Attorney-in-Fact
/s/ Matias Canibe, Attorney-in-Fact
/s/ Teresa L. Szupello, Attorney-in-Fact