4//SEC Filing
MASTIONI MARCELLO 4
Accession 0001664272-21-000058
CIK 0001462418other
Filed
Feb 28, 7:00 PM ET
Accepted
Mar 1, 5:20 PM ET
Size
9.3 KB
Accession
0001664272-21-000058
Insider Transaction Report
Form 4
MASTIONI MARCELLO
PRES, REAL ESTATE MARKETPLACE
Transactions
- Exercise/Conversion
Common Stock
2021-02-25+3,909→ 46,642 total - Tax Payment
Common Stock
2021-02-25$10.52/sh−351$3,693→ 46,291 total - Exercise/Conversion
Restricted Share Units
2021-02-25−3,909→ 0 totalExercise: $0.00→ Common Stock (3,909 underlying)
Footnotes (4)
- [F1]Of the 3,909 RSUs vesting into shares reported above, 351 shares were foregone to pay for the tax withholding with a net issuance to Mr. Mastioni of 3,558 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, 2021
- [F2]Includes 3,750 time-based restricted shares of ASPS common stock, which are scheduled to vest (and will be issued) on the fourth anniversary of the November 13, 2017 grant date (i.e., November 13, 2021). Mr. Mastioni has no voting rights with respect to these shares until they vest.
- [F3]3,909 shares of ASPS common stock were 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
- [F4]Represents the vesting of RSUs. 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 0001761497
Filing Metadata
- Form type
- 4
- Filed
- Feb 28, 7:00 PM ET
- Accepted
- Mar 1, 5:20 PM ET
- Size
- 9.3 KB