0001664272-20-000031.txt : 20200214
0001664272-20-000031.hdr.sgml : 20200214
20200214163031
ACCESSION NUMBER: 0001664272-20-000031
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200212
FILED AS OF DATE: 20200214
DATE AS OF CHANGE: 20200214
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Esterman Michelle D.
CENTRAL INDEX KEY: 0001544019
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34354
FILM NUMBER: 20620722
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_a1e2k00000jtljduap-live.xml
PRIMARY DOCUMENT
X0306
4
2020-02-12
false
0001462418
Altisource Portfolio Solutions S.A.
ASPS
0001544019
Esterman Michelle D.
40, AVENUE MONTEREY
LUXEMBOURG
N4
L-2163
LUXEMBOURG
false
true
false
false
Chief Financial Officer
Common Stock
2020-02-12
4
F
false
362.0000
19.6000
D
16320.0000
D
Common Stock
2020-02-12
4
M
false
1240.0000
0.0000
A
16682.0000
D
Restricted Share Units
0.0000
2020-02-12
4
M
false
1240.0000
0.0000
D
Common Stock
1240.0000
2478.0000
D
1,240 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.
Includes 603 time-based restricted shares of ASPS common stock, which are scheduled to vest (and will be issued) on the third anniversary of the April 7, 2017 grant date (i.e., April 7, 2020). Ms. Esterman has no voting rights with respect to these shares until they vest.
Of the 1,240 RSUs vesting into shares reported above, 362 shares were foregone to pay for the tax withholding with a net issuance to Ms. Esterman of 878 shares. 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, 2020.
Represents the vesting of RSUs. The remaining 2,478 RSUs are scheduled to vest in two equal installments on the third and fourth anniversaries of the February 12, 2018 grant date (i.e., February 12, 2021 and February 12, 2022). Each RSU represents a contingent right to receive one share of ASPS common stock.
/s/ Teresa L. Szupello, Attorney-in-Fact
2020-02-14