4//SEC Filing
WILCOX KEVIN JAMES 4
Accession 0001664272-20-000065
CIK 0001462418other
Filed
Feb 26, 7:00 PM ET
Accepted
Feb 27, 8:11 PM ET
Size
11.8 KB
Accession
0001664272-20-000065
Insider Transaction Report
Form 4
WILCOX KEVIN JAMES
CAO & General Counsel
Transactions
- Exercise/Conversion
Common Stock
2020-02-25+7,613→ 251,592 total - Exercise/Conversion
Restricted Share Units
2020-02-25−2,175→ 2,175 totalExercise: $0.00→ Common Stock (4,350 underlying) - Tax Payment
Common Stock
2020-02-25$18.91/sh−3,590$67,887→ 248,002 total - Exercise/Conversion
Restricted Share Units
2020-02-25−5,438→ 5,438 totalExercise: $0.00→ Common Stock (10,876 underlying)
Footnotes (5)
- [F1]7,613 shares of ASPS common stock received upon the vesting of previously granted restricted share units ("RSUs") pursuant to an award under the 2009 Equity Incentive Plan, as amended and the 2018 Annual 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 7,613 RSUs vesting into shares reported above 3,590 shares were foregone to pay for the tax withholding with a net issuance to Mr. Wilcox of 4,023 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 25, 2020.
- [F4]Represents the vesting of RSUs. The remaining 2,175 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.
- [F5]Represents the vesting of RSUs. The remaining 5,438 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 26, 7:00 PM ET
- Accepted
- Feb 27, 8:11 PM ET
- Size
- 11.8 KB