4//SEC Filing
Moltke-Hansen Christopher D. 4
Accession 0001225208-21-003922
CIK 0001555074other
Filed
Feb 25, 7:00 PM ET
Accepted
Feb 26, 3:08 PM ET
Size
9.0 KB
Accession
0001225208-21-003922
Insider Transaction Report
Form 4
Moltke-Hansen Christopher D.
Chief Financial Officer
Transactions
- Award
Common Stock
2021-02-24$23.72/sh+8,523$202,166→ 8,523 total - Award
Common Stock
2021-02-24+5,000→ 13,523 total - Tax Payment
Common Stock
2021-02-24$23.72/sh−3,749$88,926→ 9,774 total
Footnotes (6)
- [F1]Effective February 24, 2021 (the "Grant Date"), the compensation committee of the board of directors of the Company granted the reporting person an aggregate of 8,523 shares (the "Shares") of common stock. The Shares vest immediately on the Grant Date.
- [F2]The price per share was calculated based on the average of the high and low price of the Company's common stock on the vesting date, which was February 24, 2021.
- [F3]Effective February 24, 2021, the compensation committee of the board of directors of the Company granted the reporting person an aggregate of 5,000 restricted shares (the "Shares") of common stock pursuant to a Restricted Stock Award Agreement. The Shares vest in equal annual installments on each of the first three anniversaries of the reporting person's hiring date, which was October 15, 2020, subject to acceleration or forfeiture in certain circumstances.
- [F4]N/A.
- [F5]Includes 5,000 remaining unvested restricted shares of common stock, which, upon vesting, settle for shares of common stock, subject to acceleration or forfeiture.
- [F6]Such 3,749 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 2020 Equity Incentive Plan. 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 24, 2020.
Documents
Issuer
Altisource Asset Management Corp
CIK 0001555074
Entity typeother
Related Parties
1- filerCIK 0001840081
Filing Metadata
- Form type
- 4
- Filed
- Feb 25, 7:00 PM ET
- Accepted
- Feb 26, 3:08 PM ET
- Size
- 9.0 KB