0001664272-23-000290.txt : 20230322 0001664272-23-000290.hdr.sgml : 20230322 20230322200029 ACCESSION NUMBER: 0001664272-23-000290 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230320 FILED AS OF DATE: 20230322 DATE AS OF CHANGE: 20230322 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: 23754201 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_a1e2k00000rxsccua1-live.xml PRIMARY DOCUMENT X0407 4 2023-03-20 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 false Common Stock 2023-03-20 4 F false 3392.0000 4.5900 D 42801.0000 D Common Stock 2023-03-20 4 M false 7190.0000 0.0000 A 46193.0000 D Restricted Share Units 0.0000 2023-03-20 4 M false 2733.0000 0.0000 D Common Stock 2733.0000 2734.0000 D Restricted Share Units 0.0000 2023-03-20 4 M false 2352.0000 0.0000 D Common Stock 2352.0000 0.0000 D Restricted Share Units 0.0000 2023-03-20 4 M false 2105.0000 0.0000 D Common Stock 2105.0000 0.0000 D 7,190 shares of ASPS common stock were received upon the vesting of restricted share units ("RSUs") pursuant to awards under the Altisource 2020 Long Term Incentive Plan ("LTIP") and the Altisource 2021 LTIP. Of the 7,190 RSUs vesting into shares reported above, 3,392 shares were surrendered to pay for the tax withholding with a net issuance to Mr. Ritts of 3,798 shares. The price per share used to determine the tax withholdings was the opening price of Altisource Portfolio Solutions S.A. ("ASPS") common stock on March 20, 2023. Represents the final vesting of Type I performance-based RSUs granted on January 24, 2020, pursuant to the Altisource 2020 LTIP. Each RSU represents a contingent right to receive one share of ASPS common stock. The vesting dates of the Altisource 2020 LTIP and the Altisource 2021 LTIP awards previously scheduled to vest on January 24, 2023 and March 9, 2023 were deferred until March 20, 2023 upon the approval of the Altisource Compensation Committee. Represents the full and final vesting of Type II performance-based RSUs granted on January 24, 2020, pursuant to the Altisource 2020 LTIP. Each RSU represents a contingent right to receive one share of ASPS common stock. Represents the second tranche of Type I performance-based RSUs granted on March 9, 2021, pursuant to the Altisource 2021 LTIP. Each RSU represents a contingent right to receive one share of ASPS common stock. The remaining 2,734 RSUs are scheduled to vest on the third anniversary of the March 9, 2021 grant date (i.e., March 9, 2024). /s/ Teresa L. Szupello, Attorney-in-Fact 2023-03-22