4//SEC Filing
WILCOX KEVIN JAMES 4
Accession 0001664272-20-000034
CIK 0001462418other
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 4:33 PM ET
Size
9.4 KB
Accession
0001664272-20-000034
Insider Transaction Report
Form 4
WILCOX KEVIN JAMES
CAO & General Counsel
Transactions
- Tax Payment
Common Stock
2020-02-12$19.60/sh−5,897$115,581→ 243,979 total - Exercise/Conversion
Common Stock
2020-02-12+12,500→ 249,876 total - Exercise/Conversion
Restricted Share Units
2020-02-12−12,500→ 25,000 totalExercise: $0.00→ Common Stock (12,500 underlying)
Footnotes (4)
- [F1]12,500 shares of ASPS common stock received upon the vesting of previously granted restricted share units ("RSUs") pursuant to an award under the 2018 Long Term Incentive Plan.
- [F2]Includes 1,005 time-based restricted shares of ASPS common stock, which are scheduled to vest (and will be issued) on the third anniversary of the April 7, 2017 grant date (i.e., April 7, 2020). Mr. Wilcox has no voting rights with respect to these shares until they vest.
- [F3]Of the 12,500 RSUs vesting into shares reported above, 5,897 shares were foregone to pay for the tax withholding with a net issuance to Mr. Wilcox of 6,603 shares. Pursuant to the terms of the award agreement, the price per share used to determine the tax withholdings was the opening price of ASPS common stock on February 12, 2020.
- [F4]Represents the vesting of RSUs. The remaining 25,000 RSUs are expected to vest on May 15, 2020, pursuant to the October 11, 2019 Agreement among Altisource Sarl and Kevin J. Wilcox. Each RSU represents a contingent right to receive one share of ASPS common stock.
Documents
Issuer
Altisource Portfolio Solutions S.A.
CIK 0001462418
Entity typeother
Related Parties
1- filerCIK 0001470461
Filing Metadata
- Form type
- 4
- Filed
- Feb 13, 7:00 PM ET
- Accepted
- Feb 14, 4:33 PM ET
- Size
- 9.4 KB