0001225208-20-005813.txt : 20200401 0001225208-20-005813.hdr.sgml : 20200401 20200401204147 ACCESSION NUMBER: 0001225208-20-005813 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200330 FILED AS OF DATE: 20200401 DATE AS OF CHANGE: 20200401 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Lowe Robin N CENTRAL INDEX KEY: 0001622698 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35657 FILM NUMBER: 20767137 MAIL ADDRESS: STREET 1: ALTISOURCE ASSET MANAGEMENT CORPORATION STREET 2: 402 STRAND STREET CITY: FREDERIKSTED STATE: VI ZIP: 00840 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Front Yard Residential Corp CENTRAL INDEX KEY: 0001555039 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500] IRS NUMBER: 460633510 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 5100 TAMARIND REEF CITY: CHRISTIANSTED STATE: VI ZIP: 00820 BUSINESS PHONE: 340-692-1055 MAIL ADDRESS: STREET 1: 5100 TAMARIND REEF CITY: CHRISTIANSTED STATE: VI ZIP: 00820 FORMER COMPANY: FORMER CONFORMED NAME: Altisource Residential Corp DATE OF NAME CHANGE: 20120726 4 1 doc4.xml X0306 4 2020-03-30 0001555039 Front Yard Residential Corp RESI 0001622698 Lowe Robin N C/O AAMC, 5100 TAMARIND REEF CHRISTIANSTED VI 00820 VIRGIN ISLANDS, U.S. 1 Chief Financial Officer Common Stock 2020-03-30 4 A 0 31109.0000 0.0000 A 142018.0000 D On March 29, 2019, the Company granted 31,109 market-based restricted stock units ("RSUs") to the reporting person, pursuant to which vesting was contingent upon the price of the Company's Common Stock meeting a prescribed performance goal (the "Performance Goal"). If the Performance Goal is achieved within the first year of grant, the market-based RSUs commence vesting on the one-year anniversary of grant or the next business day if the anniversary is on a weekend or holiday. In 2019, the Performance Goal was attained, and the first installment of 10,370 shares vested on March 30, 2020. The remaining portion of the market-based RSUs vest in equal annual installments on each of the second and third anniversaries of the grant date, subject to acceleration or forfeiture, and upon vesting, settle for shares of Common Stock. Not applicable. Includes an aggregate of 69,631 remaining unvested service-based and market-based RSUs, which, upon vesting, settle for shares of Common Stock, subject to acceleration or forfeiture. Stephen H. Gray, Attorney-in-Fact 2020-04-01