Accession Number: | 0001664272-21-000005 |
Date: | 2021-01-24 |
Issuer: | ALTISOURCE PORTFOLIO SOLUTIONS S.A. (ASPS) |
Original Submission Date: |
MASTIONI MARCELLO
40, AVENUE MONTEREY
LUXEMBOURG CITY, N4 L-2163
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2021-01-24 | F | 82 | d | $11.09 | 41,406 | direct | ||
COMMON STOCK | 2021-01-24 | M | 3,213 | a | $0.00 | 41,488 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
RESTRICTED SHARE UNITS | 0.0 | 2021-01-24 | deemed execution date | M | 3,213 (d) | common stock 3,213 | $0.00 | 6,425 | direct |
ID | footnote |
---|---|
f1 | 3,213 shares of asps common stock received upon the vesting of previously granted restricted share units ("rsus") pursuant to an award under the 2009 equity incentive plan, as amended. |
f2 | includes 3,750 time-based restricted shares of asps common stock, which are scheduled to vest (and will be issued) on the fourth anniversary of the november 13, 2017 grant date (i.e., november 13, 2021). mr. mastioni has no voting rights with respect to these shares until they vest. |
f3 | of the 3,213 rsus vesting into shares reported above, 82 shares were foregone to pay for the tax withholding with a net issuance to mr. mastioni of 3,131 shares. pursuant to the terms of the award agreement, the price per share used to determine the tax withholdings was the opening price of asps common stock on january 25, 2021. |
f4 | represents the vesting of rsus. the remaining 6,425 rsus are scheduled to vest in two installments on the second and third anniversaries of the january 24, 2020 grant date (i.e., january 24, 2022 and january 24, 2023). each rsu represents a contingent right to receive one share of asps common stock. |