4/A//SEC Filing
RITTS GREGORY J. 4/A
Accession 0001664272-25-000060
CIK 0001462418other
Filed
Feb 2, 7:00 PM ET
Accepted
Feb 3, 6:18 PM ET
Size
9.8 KB
Accession
0001664272-25-000060
Insider Transaction Report
Form 4/AAmended
RITTS GREGORY J.
General Counsel
Transactions
- Tax Payment
Common Stock
2025-01-29$0.68/sh−1,220$830→ 64,622 total - Exercise/Conversion
Common Stock
2025-01-29+2,613→ 65,842 total - Exercise/Conversion
Restricted Share Units
2025-01-29−2,613→ 0 totalExercise: $0.00→ Common Stock (2,613 underlying)
Footnotes (5)
- [F1]2,613 shares of ASPS common stock were received upon the vesting of previously granted restricted share units ("RSUs") pursuant to an award under the Altisource 2022 Long Term Incentive Plan ("LTIP").
- [F2]Of the 2,613 shares granted to Mr. Ritts, reported above 1,220 shares were forgone to pay for the tax withholding with a net issuance to Mr. Ritts of 1,393 shares.
- [F3]Represents the cost per share used to determine the tax withholding; the opening price of ASPS common stock on the grant date.
- [F4]Represents the full and final vesting of Type II Performance-based RSUs previously granted pursuant to the Altisource 2022 LTIP. Our Compensation Committee approved vesting at 26.13% of target; the remaining RSUs failed to vest. Each RSU represents a contingent right to receive one share of ASPS common stock.
- [F5]This amendment includes the number of shares foregone to pay for the tax withholding on the shares acquired by the RSU vesting reported in Table II.
Documents
Issuer
ALTISOURCE PORTFOLIO SOLUTIONS S.A.
CIK 0001462418
Entity typeother
Related Parties
1- filerCIK 0001621907
Filing Metadata
- Form type
- 4/A
- Filed
- Feb 2, 7:00 PM ET
- Accepted
- Feb 3, 6:18 PM ET
- Size
- 9.8 KB