0001664272-22-000297.txt : 20221004
0001664272-22-000297.hdr.sgml : 20221004
20221004183725
ACCESSION NUMBER: 0001664272-22-000297
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20221001
FILED AS OF DATE: 20221004
DATE AS OF CHANGE: 20221004
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: 221293743
MAIL ADDRESS:
STREET 1: C/O ALTISOURCE PORTFOLIO SOLUTIONS S.A.
STREET 2: 33, BOULEVARD PRINCE HENRI
CITY: LUXEMBOURG
STATE: N4
ZIP: L-1724
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: 33, BOULEVARD PRINCE HENRI
STREET 2: L-1724 LUXEMBOURG CITY
CITY: GRAND DUCHY OF LUXEMBOURG
STATE: N4
ZIP: 50
BUSINESS PHONE: 352 24 69 79 00
MAIL ADDRESS:
STREET 1: 33, BOULEVARD PRINCE HENRI
STREET 2: L-1724 LUXEMBOURG CITY
CITY: GRAND DUCHY OF LUXEMBOURG
STATE: N4
ZIP: 50
FORMER COMPANY:
FORMER CONFORMED NAME: Altisource Portfolio Solutions S.A.
DATE OF NAME CHANGE: 20090625
FORMER COMPANY:
FORMER CONFORMED NAME: Altisource Portfolio Solutions S.a.r.l.
DATE OF NAME CHANGE: 20090422
4
1
f4_a1e2k00000rxog0ual-live.xml
PRIMARY DOCUMENT
X0306
4
2022-10-01
false
0001462418
ALTISOURCE PORTFOLIO SOLUTIONS S.A.
ASPS
0001289315
Shepro William B
C/O ALTISOURCE PORTFOLIO SOLUTIONS S.A.
33, BOULEVARD PRINCE HENRI
LUXEMBOURG
N4
L-1724
LUXEMBOURG
true
true
false
false
Chairman and CEO
Common Stock
2022-10-01
4
M
false
3334.0000
0.0000
A
3334.0000
D
Common Stock
2022-10-01
4
F
false
1572.0000
13.3200
D
1762.0000
D
Common Stock
2022-10-01
5
G
false
1762.0000
0.0000
D
0.0000
D
Common Stock
2022-10-01
5
G
false
1762.0000
0.0000
A
563829.0000
I
William B. Shepro Revocable Trust
Restricted Share Units
0.0000
2022-10-01
4
M
false
3334.0000
0.0000
D
Common Stock
3334.0000
3333.0000
D
3,334 shares of ASPS common stock were received upon the vesting of previously granted time-based restricted share units ("RSUs") pursuant to an award under the 2009 Equity Incentive Plan, as amended and restated.
Of the 3,334 RSUs vesting into shares reported above, 1,572 shares were foregone to pay for the tax withholding with a net issuance to Mr. Shepro of 1,762 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 October 3, 2022 (the next active trading day following the vesting).
Represents a transfer by gift by Mr. Shepro of 1,762 shares of ASPS common stock, acquired upon the vesting of time-based 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. Each RSU represents a contingent right to receive one share of ASPS common stock.
The remaining 3,333 RSUs are scheduled to vest on the third anniversary of the October 1, 2020 grant date (i.e., October 1, 2023).
/s/ Teresa L. Szupello, Attorney-in-Fact
2022-10-04