0001664272-20-000066.txt : 20200227 0001664272-20-000066.hdr.sgml : 20200227 20200227201224 ACCESSION NUMBER: 0001664272-20-000066 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200225 FILED AS OF DATE: 20200227 DATE AS OF CHANGE: 20200227 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: 20665102 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_a1e2k00000jm4wwuaz-live.xml PRIMARY DOCUMENT X0306 4 2020-02-25 false 0001462418 Altisource Portfolio Solutions S.A. ASPS 0001621907 RITTS GREGORY J. 40, AVENUE MONTEREY LUXEMBOURG N4 L-2163 LUXEMBOURG false true false false Chief Legal/Compliance Officer Common Stock 2020-02-25 4 F false 1309.0000 18.9100 D 22286.0000 D Common Stock 2020-02-25 4 M false 2776.0000 0.0000 A 23595.0000 D Restricted Share Units 0.0000 2020-02-25 4 M false 1666.0000 0.0000 D Common Stock 3331.0000 1665.0000 D Restricted Share Units 0.0000 2020-02-25 4 M false 1110.0000 0.0000 D Common Stock 2221.0000 1111.0000 D 2,776 shares of ASPS common stock received upon the vesting of previously granted restricted share units ("RSUs") pursuant to an award under the 2009 Equity Incentive Plan, as amended and the 2018 Annual Incentive Plan. Includes (i) 503 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); (ii) 1,667 time-based restricted shares of ASPS common stock, which are scheduled to vest (and will be issued) on the third anniversary of the July 27, 2017 grant date (i.e., July 27, 2020); and (iii) 7,500 time-based restricted shares of ASPS common stock, which are scheduled to vest (and will be issued) in two equal installments on the third and fourth anniversaries of the November 13, 2017 grant date (i.e., November 13, 2020 and November 13, 2021). Mr. Ritts has no voting rights with respect to these shares until they vest. Of the 2,776 RSUs vesting into shares reported above, 1,309 shares were foregone to pay for the tax withholding with a net issuance to Mr. Ritts of 1,467 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 25, 2020. Represents the vesting of RSUs. The remaining 1,111 RSUs are scheduled to vest on the second anniversary of the February 25, 2019 grant date (i.e., February 25, 2021). Each RSU represents a contingent right to receive one share of ASPS common stock. Represents the vesting of RSUs. The remaining 1,665 RSUs are scheduled to vest on the second anniversary of the February 25, 2019 grant date (i.e., February 25, 2021). Each RSU represents a contingent right to receive one share of ASPS common stock. /s/ Teresa L. Szupello, Attorney-in-Fact 2020-02-27