0001664272-24-000230.txt : 20240411 0001664272-24-000230.hdr.sgml : 20240411 20240411160422 ACCESSION NUMBER: 0001664272-24-000230 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240409 FILED AS OF DATE: 20240411 DATE AS OF CHANGE: 20240411 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Esterman Michelle D. CENTRAL INDEX KEY: 0001544019 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34354 FILM NUMBER: 24838506 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] ORGANIZATION NAME: 07 Trade & Services 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_a1e2k00000w4ltxuaj-live.xml PRIMARY DOCUMENT X0508 4 2024-04-09 false 0001462418 ALTISOURCE PORTFOLIO SOLUTIONS S.A. ASPS 0001544019 Esterman Michelle D. C/O ALTISOURCE PORTFOLIO SOLUTIONS S.A. 33, BOULEVARD PRINCE HENRI LUXEMBOURG N4 L-1724 LUXEMBOURG false true false false Chief Financial Officer false Common Stock 2024-04-09 4 A false 16643.0000 1.9400 A 147093.0000 D Common Stock 2024-04-09 4 F false 4052.0000 1.6200 D 143041.0000 D As part of a previously disclosed company-wide cost reduction plan, Ms. Esterman has volunteered to temporarily modify her compensation by offering the Company the option to replace up to 30% of her base compensation with a grant of unrestricted ASPS common stock (the "Adjustment"). At the end of each calendar quarter (each a "Period"), until either Ms. Esterman or the Company, upon written notice, reduces or terminates the Adjustment, the Company will determine the portion of the reduced amount to be paid in common stock and transfer the shares. For the Period ended March 31, 2024, Ms. Esterman received 16,643 shares, which vest immediately. Represents the cost per share for the temporary compensation replacement noted in Footnote 1. Given that it was a replacement for compensation, the net cost of the shares was $0. Of the 16,643 shares granted to Ms. Esterman, reported above, 4,052 shares were foregone to pay for the tax withholding with a net issuance to Ms. Esterman of 12,591 shares. The price per share used to determine the tax withholding was the opening price of ASPS common stock on the grant date. /s/ Teresa L. Szupello, Attorney-in-Fact 2024-04-11