0001664272-21-000060.txt : 20210301
0001664272-21-000060.hdr.sgml : 20210301
20210301172546
ACCESSION NUMBER: 0001664272-21-000060
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210225
FILED AS OF DATE: 20210301
DATE AS OF CHANGE: 20210301
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: 21699616
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_a1e2k00000kldpzuat-live.xml
PRIMARY DOCUMENT
X0306
4
2021-02-25
false
0001462418
Altisource Portfolio Solutions S.A.
ASPS
0001621907
RITTS GREGORY J.
C/O ALTISOURCE PORTFOLIO SOLUTIONS S.A.
40, AVENUE MONTEREY
LUXEMBOURG CITY
N4
L-2163
LUXEMBOURG
false
true
false
false
Chief Legal/Compliance Officer
Common Stock
2021-02-25
4
M
false
2776.0000
0.0000
A
25045.0000
D
Common Stock
2021-02-25
4
F
false
1299.0000
10.5200
D
23746.0000
D
Restricted Share Units
0.0000
2021-02-25
4
M
false
1665.0000
0.0000
D
Common Stock
1665.0000
0.0000
D
Restricted Share Units
0.0000
2021-02-25
4
M
false
1111.0000
0.0000
D
Common Stock
1111.0000
0.0000
D
2,776 shares of ASPS common stock were 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 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 2,776 RSUs vesting into shares reported above, 1,299 shares were foregone to pay for the tax withholding with a net issuance to Mr. Ritts of 1,477 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, 2021.
Represents the vesting of RSUs. Each RSU represents a contingent right to receive one share of ASPS common stock.
/s/ Teresa L. Szupello, Attorney-in-Fact
2021-03-01