Ellison George G 4
4 · Altisource Asset Management Corp · Filed Feb 21, 2020
Insider Transaction Report
Form 4
Ellison George G
Chief Executive Officer
Transactions
- Disposition to Issuer
Common Stock
2020-02-20$20.50/sh−2,094$42,927→ 91,116 total
Footnotes (2)
- [F1]Such 2,094 shares were forfeited by the reporting person to cover the tax withholdings on the vesting of his Common Stock pursuant to the terms of the Company's 2012 Equity Incentive Plan and the Restricted Stock Agreement between the reporting person and the Company. The price per share used to determine the tax withholdings was the average of the high and low sale prices of the Company's common stock on the vesting date, which was February 20, 2020.
- [F2]Includes 45,255 remaining unvested restricted shares of common stock, which, upon vesting, settle for shares of common stock, subject to acceleration or forfeiture.