4//SEC Filing
Shepro William B 4
Accession 0001664272-25-000236
CIK 0001462418other
Filed
Mar 23, 8:00 PM ET
Accepted
Mar 24, 6:33 PM ET
Size
15.3 KB
Accession
0001664272-25-000236
Insider Transaction Report
Form 4
Shepro William B
DirectorChief Executive Officer
Transactions
- Gift
Common Stock
2025-03-20−22,694→ 100,000 total - Exercise/Conversion
Restricted Share Units
2025-03-20−25,904→ 0 total→ Common Stock (25,904 underlying) - Gift
Common Stock
2025-03-20+22,694→ 1,028,976 total(indirect: By Trust) - Exercise/Conversion
Restricted Share Units
2025-03-20−17,072→ 17,073 total→ Common Stock (17,072 underlying) - Tax Payment
Common Stock
2025-03-20$0.89/sh−20,282$18,051→ 122,694 total - Exercise/Conversion
Common Stock
2025-03-20+42,976→ 142,976 total
Footnotes (7)
- [F1]Mr. Shepro received 42,976 shares of Altisource Portfolio Solutions S.A. (the "Company" or "ASPS") common stock upon the vesting of previously granted time-based restricted share units ("RSUs") pursuant to awards under the Company's 2023 Long Term Incentive Plan ("LTIP") and 2023 Annual Incentive Plan ("AIP").
- [F2]Of the RSUs vesting into shares reported above, 20,282 shares were forgone to pay for the tax withholding with a net issuance to Mr. Shepro of 22,694 shares. Pursuant to the terms of the award agreements, the price per share used to determine the tax withholdings was the opening price of ASPS common stock on March 20, 2025.
- [F3]Represents a transfer by gift from Mr. Shepro's direct ownership to the William B. Shepro Revocable Trust of 22,694 shares of ASPS common stock acquired upon the vesting of time-based RSUs pursuant to previously granted LTIP and AIP awards.
- [F4]Each RSU represents a contingent right to receive one share of ASPS common stock.
- [F5]Represents the vesting of the second tranche of Type I Time-based RSUs granted to Mr. Shepro on March 20, 2023, pursuant to the Altisource 2023 LTIP.
- [F6]The remaining 17,073 Type I Time-based RSUs are scheduled to vest on the third anniversary of the grant date (i.e., March 20, 2026).
- [F7]Represents the final vesting of time-based RSUs granted to Mr. Shepro on March 20, 2023, pursuant to the Altisource 2023 AIP.
Documents
Issuer
ALTISOURCE PORTFOLIO SOLUTIONS S.A.
CIK 0001462418
Entity typeother
Related Parties
1- filerCIK 0001289315
Filing Metadata
- Form type
- 4
- Filed
- Mar 23, 8:00 PM ET
- Accepted
- Mar 24, 6:33 PM ET
- Size
- 15.3 KB