4//SEC Filing
MASTIONI MARCELLO 4
Accession 0001664272-21-000067
CIK 0001462418other
Filed
Feb 28, 7:00 PM ET
Accepted
Mar 1, 6:16 PM ET
Size
6.4 KB
Accession
0001664272-21-000067
Insider Transaction Report
Form 4
MASTIONI MARCELLO
PRES, REAL ESTATE MARKETPLACE
Transactions
- Award
Restricted Share Units
2020-02-26+5,119→ 5,119 total→ Common Stock (5,119 underlying)
Footnotes (3)
- [F1]Each restricted share unit ("RSU") represents a contingent right to receive one share of Altisource Portfolio Solutions S.A. ("ASPS") common stock.
- [F2]Due to an administrative error, this Form 4 was not filed by the requisite deadline, and is being filed now to correct the delinquency.
- [F3]Award granted to Mr. Mastioni as part of his annual incentive compensation for the 2019 service year based on his personal scorecard performance. The Altisource annual incentive award program requires executives to have 40% of their annual incentive compensation paid in RSUs. Mr. Mastioni received a grant of 5,119 RSUs based on the 30-day average closing share price of ASPS common stock of $19.21 preceding the February 26, 2020 grant date. The award is scheduled to vest in two equal installments on the first and second anniversaries of the grant date (i.e., February 26, 2021 and February 26, 2022).
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, 6:16 PM ET
- Size
- 6.4 KB