Chatterjee Indroneel 4
4 · Altisource Portfolio Solutions S.A. · Filed Feb 14, 2018
Insider Transaction Report
Form 4
Chatterjee Indroneel
Chief Financial Officer
Transactions
- Award
Common Stock
2018-02-12+22,186→ 41,719 total
Holdings
- 1,200(indirect: By Spouse)
Common Stock
Footnotes (2)
- [F1]In accordance with his employment agreement (as disclosed on August 9, 2017), on February 12, 2018, Mr. Chatterjee received a grant of 22,186 restricted shares of ASPS common stock with an award value of $540,000. The restricted shares are scheduled to vest in four equal installments on the first, second, third and fourth anniversaries of the grant date (i.e., February 12, 2019, February 12, 2020, February 12, 2021 and February 12, 2022). Mr. Chatterjee has no voting rights with respect to these shares until they vest.
- [F2]Includes 19,533 time-based restricted shares of ASPS common stock, which are scheduled to vest in four equal installments on the first, second, third and fourth anniversaries of the October 5, 2017 grant date (i.e., October 5, 2018, October 5, 2019, October 5, 2020 and October 5, 2021). Mr. Chatterjee has no voting rights with respect to these shares until they vest.