0001225208-16-037774.txt : 20160811 0001225208-16-037774.hdr.sgml : 20160811 20160811204453 ACCESSION NUMBER: 0001225208-16-037774 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160809 FILED AS OF DATE: 20160811 DATE AS OF CHANGE: 20160811 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Altisource Residential Corp CENTRAL INDEX KEY: 0001555039 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500] IRS NUMBER: 460633510 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 14A & 14C STRAND STREET CITY: FREDERIKSTED STATE: VI ZIP: 00840 BUSINESS PHONE: 770-612-7007 MAIL ADDRESS: STREET 1: 14A & 14C STRAND STREET CITY: FREDERIKSTED STATE: VI ZIP: 00840 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Ellison George G CENTRAL INDEX KEY: 0001634612 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35657 FILM NUMBER: 161826005 MAIL ADDRESS: STREET 1: 402 STRAND STREET CITY: FREDERIKSTED STATE: VI ZIP: 00840-3531 4 1 doc4.xml X0306 4 2016-08-09 0001555039 Altisource Residential Corp RESI 0001634612 Ellison George G C/O AAMC, 36C STRAND STREET CHRISTIANSTED VI 00820 VIRGIN ISLANDS, U.S. 1 1 Chief Executive Officer Common Stock 2016-08-09 4 A 0 62250.0000 0.0000 A 215250.0000 D Stock Options 10.0400 2016-08-09 5 A 0 327921.0000 0.0000 A 2020-08-09 Common Stock 327921.0000 327921.0000 D Grant of Restricted Stock Units ("RSUs"). Includes 62,250 RSUs, which, upon vesting, settle for shares of common stock, subject to acceleration or forfeiture. The options were awarded on August 9, 2016 and will vest in three equal annual installments on the later of the anniversary of the option award and the date of the satisfaction of certain performance criteria, in each case, on the first, second and third anniversaries of the option award, subject to acceleration or forfeiture. The performance criteria is satisfied on the date on which the sum of (a) the average price per share for the consecutive 20-trading-day period ending on such date plus (b) the amount of all reinvested dividends, calculated on a per-share basis, from the date of grant through such date shall equal or exceed 125% of the price per share on the date of grant. The options expire on August 9, 2020 only if the performance criteria is not satisfied on or before such date. If the performance criteria is satisfied on or before August 9, 2020, the options expire on August 9, 2023. Stephen H. Gray, Attorney-in-Fact 2016-08-11