4//SEC Filing
DAVILA JOSEPH A. 4
Accession 0001664272-18-000053
CIK 0001462418other
Filed
Jul 29, 8:00 PM ET
Accepted
Jul 30, 4:16 PM ET
Size
6.1 KB
Accession
0001664272-18-000053
Insider Transaction Report
Form 4
DAVILA JOSEPH A.
President, Mortgage Services
Transactions
- Tax Payment
Common Stock
2018-07-27$33.83/sh−786$26,590→ 28,375 total
Footnotes (2)
- [F1]Represents shares surrendered by Mr. Davila for tax withholdings due as a result of the vesting of 1,667 restricted shares of ASPS common stock. The shares were surrendered pursuant to the terms of his July 27, 2017 Restricted Stock Award Agreement. Pursuant to the terms of the Restricted Stock Award Agreement, the price per share used to determine the tax withholdings was the opening price of ASPS common stock on July 27, 2018.
- [F2]Includes (i) 1,867 time-based restricted shares of ASPS common stock (hereinafter Restricted Shares), which are scheduled to vest (and will be issued) on the 4th anniversary of the 4/15/15 grant date (i.e., 4/15/19); (ii) 1,005 time-based Restricted Shares, which are scheduled to vest (and will be issued) in 2 equal installments on the 2nd and 3rd anniversaries of the 4/7/17 grant date (i.e., 4/7/19 and 4/7/20); (iii) 3,333 time-based Restricted Shares, which are scheduled to vest (and will be issued) in 2 equal installments on the 2nd and 3rd anniversaries of the 7/27/17 grant date (i.e., 7/27/19 and 7/27/20); and (iv) 15,000 time-based Restricted Shares, which are scheduled to vest (and will be issued) in 4 equal installments on the 1st, 2nd, 3rd and 4th anniversaries of the 11/13/17 grant date (i.e., 11/13/18, 11/13/19, 11/13/20 and 11/13/21). Mr. Davila has no voting rights with respect to these shares until they vest.
Documents
Issuer
Altisource Portfolio Solutions S.A.
CIK 0001462418
Entity typeother
Related Parties
1- filerCIK 0001609339
Filing Metadata
- Form type
- 4
- Filed
- Jul 29, 8:00 PM ET
- Accepted
- Jul 30, 4:16 PM ET
- Size
- 6.1 KB