0001664272-20-000067.txt : 20200227 0001664272-20-000067.hdr.sgml : 20200227 20200227201306 ACCESSION NUMBER: 0001664272-20-000067 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: Shepro William B CENTRAL INDEX KEY: 0001289315 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34354 FILM NUMBER: 20665107 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_a1e2k00000jm4wbuaj-live.xml PRIMARY DOCUMENT X0306 4 2020-02-25 false 0001462418 Altisource Portfolio Solutions S.A. ASPS 0001289315 Shepro William B 40, AVENUE MONTEREY LUXEMBOURG N4 L-2163 LUXEMBOURG true true false false Chairman and CEO Common Stock 2020-02-25 5 G false 10153.0000 0.0000 A 451850.0000 I By William B. Shepro Revocable Trust Common Stock 2020-02-25 5 G false 10153.0000 0.0000 D 4309.0000 D Common Stock 2020-02-25 4 F false 9068.0000 18.9100 D 14462.0000 D Common Stock 2020-02-25 4 M false 19221.0000 0.0000 A 23530.0000 D Restricted Share Units 0.0000 2020-02-25 4 M false 13729.0000 0.0000 D Common Stock 27458.0000 13729.0000 D Restricted Share Units 0.0000 2020-02-25 4 M false 5492.0000 0.0000 D Common Stock 10983.0000 5491.0000 D 19,221 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 4,309 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). Mr. Shepro has no voting rights with respect to these shares until they vest. Of the 19,221 RSUs vesting into shares reported above, 9,068 shares were foregone to pay for the tax withholding with a net issuance to Mr. Shepro of 10,153 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 a transfer by gift by Mr. Shepro of 10,153 shares of ASPS common stock acquired upon the vesting of RSUs from his direct ownership to the William B. Shepro Revocable Trust. This transaction is reportable on Form 5, but Mr. Shepro is voluntarily reporting early on Form 4. Represents the vesting of RSUs. The remaining 5,491 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 13,729 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