0001664272-23-000200.txt : 20230303
0001664272-23-000200.hdr.sgml : 20230303
20230303215257
ACCESSION NUMBER: 0001664272-23-000200
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230301
FILED AS OF DATE: 20230303
DATE AS OF CHANGE: 20230303
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: 23707371
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_a1e2k00000rxrukua1-live.xml
PRIMARY DOCUMENT
X0306
4
2023-03-01
false
0001462418
ALTISOURCE PORTFOLIO SOLUTIONS S.A.
ASPS
0001621907
RITTS GREGORY J.
C/O ALTISOURCE PORTFOLIO SOLUTIONS S.A.
33, BOULEVARD PRINCE HENRI
LUXEMBOURG
N4
L-1724
LUXEMBOURG
false
true
false
false
Chief Legal/Compliance Officer
Common Stock
2023-03-01
4
F
false
4628.0000
5.8500
D
38990.0000
D
Common Stock
2023-03-01
4
M
false
3333.0000
0.0000
A
43618.0000
D
Common Stock
2023-03-01
4
M
false
6474.0000
0.0000
A
40285.0000
D
Restricted Share Units
0.0000
2023-03-01
4
M
false
6474.0000
0.0000
D
Common Stock
6474.0000
4316.0000
D
Restricted Share Units
0.0000
2023-03-01
4
M
false
3333.0000
0.0000
D
Common Stock
3333.0000
6667.0000
D
6,474 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 Company's 2009 Equity Incentive Plan, as amended and restated.
3,333 shares of ASPS common stock were received upon the vesting of previously granted time-based RSUs pursuant to an award under the Company's 2009 Equity Incentive Plan, as amended and restated.
Of the 9,807 RSUs vesting into shares reported above, 4,628 shares were foregone to pay for the tax withholding with a net issuance to Mr. Ritts of 5,179 shares. Pursuant to the terms of the award agreements, the price per share used to determine the tax withholdings was the opening price of ASPS common stock on March 1, 2023.
Represents the vesting of RSUs. Each RSU represents a contingent right to receive one share of ASPS common stock.
The remaining 6,667 RSUs are scheduled to vest in two increments on the second and third anniversaries of the grant date (i.e., March 1, 2024 and March 1, 2025).
The remaining 4,316 RSUs are scheduled to vest on the second anniversary of the grant date (i.e., March 1, 2024).
/s/ Teresa L. Szupello, Attorney-in-Fact
2023-03-03