0001225208-20-012479.txt : 20201014 0001225208-20-012479.hdr.sgml : 20201014 20201014183344 ACCESSION NUMBER: 0001225208-20-012479 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20201012 FILED AS OF DATE: 20201014 DATE AS OF CHANGE: 20201014 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: 001-36063 FILM NUMBER: 201239944 MAIL ADDRESS: STREET 1: 402 STRAND STREET CITY: FREDERIKSTED STATE: VI ZIP: 00840-3531 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Altisource Asset Management Corp CENTRAL INDEX KEY: 0001555074 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500] IRS NUMBER: 660783125 STATE OF INCORPORATION: VI 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 4 1 doc4.xml X0306 4 2020-10-12 0001555074 Altisource Asset Management Corp AAMC 0001634612 Ellison George G C/O AAMC, 5100 TAMARIND REEF CHRISTIANSTED VI 00820 VIRGIN ISLANDS, U.S. 1 Co-Chief Executive Officer Common Stock 2020-10-12 4 D 0 1380.0000 20.9000 D 87680.0000 D Common Stock 2020-10-13 4 D 0 2103.0000 20.8700 D 85577.0000 D Such 1,380 shares were forfeited by the reporting person to cover the tax withholdings on the vesting of his Common Stock pursuant to the terms of the Company's 2012 Equity Incentive Plan and the Restricted Stock Agreement between the reporting person and the Company. The price per share used to determine the tax withholdings was the average of the high and low sale prices of the Company's common stock on the vesting date, which was October 12, 2020. Includes 36,189 remaining unvested restricted shares of common stock, which, upon vesting, settle for shares of common stock, subject to acceleration or forfeiture. Such 2,103 shares were forfeited by the reporting person to cover the tax withholdings on the vesting of his Common Stock pursuant to the terms of the Company's 2012 Equity Incentive Plan and the Restricted Stock Agreement between the reporting person and the Company. The price per share used to determine the tax withholdings was the average of the high and low sale prices of the Company's common stock on the vesting date, which was October 13, 2020. Includes 30,673 remaining unvested restricted shares of common stock, which, upon vesting, settle for shares of common stock, subject to acceleration or forfeiture. Stephen H. Gray, Attorney-in-Fact 2020-10-14