0001225208-20-005814.txt : 20200401
0001225208-20-005814.hdr.sgml : 20200401
20200401204151
ACCESSION NUMBER: 0001225208-20-005814
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: Lubin Michael Graham
CENTRAL INDEX KEY: 0001665127
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35657
FILM NUMBER: 20767138
MAIL ADDRESS:
STREET 1: C/O ALTISOURCE ASSET MANAGEMENT
STREET 2: 36C STRAND STREET
CITY: CHRISTIANSTED
STATE: VI
ZIP: 00820
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
0001665127
Lubin Michael Graham
C/O FRONT YARD RESIDENTIAL CORPORATION
5100 TAMARIND REEF
CHRISTIANSTED
VI
00820
VIRGIN ISLANDS, U.S.
1
General Counsel and Secretary
Common Stock
2020-03-30
4
A
0
31109.0000
0.0000
A
134351.0000
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