Ellison George G 4
4 · Altisource Asset Management Corp · Filed Mar 11, 2020
Insider Transaction Report
Form 4
Ellison George G
Chief Executive Officer
Transactions
- Disposition to Issuer
Common Stock
2020-03-09$22.00/sh−2,056$45,232→ 89,060 total
Footnotes (2)
- [F1]Such 2,056 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 March 9, 2020.
- [F2]Includes 39,867 remaining unvested restricted shares of common stock, which, upon vesting, settle for shares of common stock, subject to acceleration or forfeiture.