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