0001664272-21-000004.txt : 20210126
0001664272-21-000004.hdr.sgml : 20210126
20210126174608
ACCESSION NUMBER: 0001664272-21-000004
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210124
FILED AS OF DATE: 20210126
DATE AS OF CHANGE: 20210126
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: 21555615
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_a1e2k00000klbctuat-live.xml
PRIMARY DOCUMENT
X0306
4
2021-01-24
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
2021-01-24
4
F
false
984.0000
11.0900
D
21698.0000
D
Common Stock
2021-01-24
4
M
false
2105.0000
0.0000
A
22682.0000
D
Restricted Share Units
0.0000
2021-01-24
4
M
false
2105.0000
0.0000
D
Common Stock
2105.0000
4211.0000
D
2,105 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.
Includes 3,750 time-based restricted shares of ASPS common stock, which are scheduled to vest (and will be issued) on the fourth anniversary of the November 13, 2017 grant date (i.e., November 13, 2021). Mr. Ritts has no voting rights with respect to these shares until they vest.
Of the 2,105 RSUs vesting into shares reported above, 984 shares were foregone to pay for the tax withholding with a net issuance to Mr. Ritts of 1,121 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 January 25, 2021.
Represents the vesting of RSUs. The remaining 4,211 RSUs are scheduled to vest in two installments on the second and third anniversaries of the January 24, 2020 grant date (i.e., January 24, 2022 and January 24, 2023). Each RSU represents a contingent right to receive one share of ASPS common stock.
/s/ Teresa L. Szupello, Attorney-in-Fact
2021-01-26