Accession Number: | 0001664272-21-000062 |
Date: | 2021-02-25 |
Issuer: | ALTISOURCE PORTFOLIO SOLUTIONS S.A. (ASPS) |
Original Submission Date: |
SHEPRO WILLIAM B
C/O ALTISOURCE PORTFOLIO SOLUTIONS S.A.
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 | 2021-02-25 | M | 19,220 | a | $0.00 | 19,220 | direct | ||
COMMON STOCK | 2021-02-25 | F | 9,068 | d | $10.52 | 10,152 | direct | ||
COMMON STOCK | 2021-02-25 | G | 10,152 | d | $0.00 | 0 | direct | ||
COMMON STOCK | 2021-02-25 | G | 10,152 | a | $0.00 | 495,438 | indirect |
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 | 2021-02-25 | deemed execution date | M | 5,491 (d) | common stock 5,491 | $0.00 | 0 | direct | |||
RESTRICTED SHARE UNITS | 0.0 | 2021-02-25 | deemed execution date | M | 13,729 (d) | common stock 13,729 | $0.00 | 0 | direct |
ID | footnote |
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f1 | represents a transfer by gift by mr. shepro of 19,220 shares of asps common stock, acquired upon the vesting of rsus, from his direct ownership to the william b. shepro revocable trust. this transaction is reportable on form 5, but mr. shepro is voluntarily reporting early on form 4. |
f2 | of the 19,220 rsus vesting into shares reported above, 9,068 shares were foregone to pay for the tax withholding with a net issuance to mr. shepro of 10,152 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 february 25, 2021. |
f3 | 19,220 shares of asps common stock were received upon the vesting of previously granted restricted share units ("rsus") pursuant to an award under the 2009 equity incentive plan, as amended and the 2018 annual incentive plan. |
f4 | represents the vesting of rsus. each rsu represents a contingent right to receive one share of asps common stock. |