Altisource Portfolio Solutions S.A. 4
4 · Altisource Portfolio Solutions S.A. · Filed Apr 11, 2017
Insider Transaction Report
Form 4
DAVILA JOSEPH A.
President, Mortgage Services
Transactions
- Award
Common Stock
2017-04-07+1,508→ 10,058 total
Footnotes (2)
- [F1]On April 7, 2017, Mr. Davila was granted 1,508 time-based restricted shares of ASPS common stock, which are scheduled to vest (and will be issued) in three equal installments on the first, second and third anniversaries of the grant date (i.e., April 7, 2018, April 7, 2019 and April 7, 2020). Mr. Davila has no voting rights with respect to these shares until they vest.
- [F2]Includes 5,600 time-based restricted shares of ASPS common stock, which are scheduled to vest (and will be issued) 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). Mr. Davila has no voting rights with respect to these shares until they vest.