4//SEC Filing
Altisource Portfolio Solutions S.A. 4
Accession 0001225208-15-010176
$ASPSCIK 0001462418operating
Filed
Apr 16, 8:00 PM ET
Accepted
Apr 17, 5:33 PM ET
Size
7.5 KB
Accession
0001225208-15-010176
Insider Transaction Report
Form 4
DAVILA JOSEPH A.
President, Mortgage Services
Transactions
- Award
Stock Options
2015-04-15+7,800→ 7,800 totalExercise: $18.79Exp: 2025-04-15→ Common Stock (7,800 underlying) - Award
Common Stock
2015-04-15+5,600→ 5,600 total
Footnotes (2)
- [F1]On April 15, 2015, Mr. Davila was granted 5,600 restricted shares of ASPS common stock, which are scheduled to vest in three equal installments on the second, third and fourth anniversaries of the April 15, 2015 grant date (i.e., April 15, 2017, April 15, 2018 and April 15, 2019). In the event that a corporate restructuring or a change of control transaction takes place (1) on or before six months after April 15, 2015, 50% of the restricted stock award will vest and the remainder will be forfeited, (2) between six and 18 months after April 15, 2015, 75% of the restricted stock award will vest and the remainder will be forfeited and (3) any time more than 18 months from April 15, 2015, 100% of the restricted stock award will vest.
- [F2]On April 15, 2015, Mr. Davila was granted 7,800 options to purchase shares of ASPS common stock, which are scheduled to vest in three equal installments on the first, second and third anniversaries of the April 15, 2015 grant date (i.e., April 15, 2016, April 15, 2017 and April 15, 2018).
Documents
Issuer
Altisource Portfolio Solutions S.A.
CIK 0001462418
Entity typeoperating
IncorporatedLuxembourg
Related Parties
1- filerCIK 0001462418
Filing Metadata
- Form type
- 4
- Filed
- Apr 16, 8:00 PM ET
- Accepted
- Apr 17, 5:33 PM ET
- Size
- 7.5 KB