4//SEC Filing
Esterman Michelle D. 4
Accession 0001664272-25-000238
CIK 0001462418other
Filed
Mar 23, 8:00 PM ET
Accepted
Mar 24, 6:34 PM ET
Size
12.1 KB
Accession
0001664272-25-000238
Insider Transaction Report
Form 4
Esterman Michelle D.
Chief Financial Officer
Transactions
- Exercise/Conversion
Restricted Share Units
2025-03-20−4,166→ 4,167 total→ Common Stock (4,166 underlying) - Exercise/Conversion
Restricted Share Units
2025-03-20−5,799→ 0 total→ Common Stock (5,799 underlying) - Exercise/Conversion
Common Stock
2025-03-20+9,965→ 454,706 total - Tax Payment
Common Stock
2025-03-20$0.89/sh−2,954$2,629→ 451,752 total
Footnotes (7)
- [F1]Ms. Esterman received 9,965 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, 2,954 shares were forgone to pay for the tax withholding with a net issuance to Ms. Esterman of 7,011 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]Includes previously granted RSUs.
- [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 Ms. Esterman on March 20, 2023, pursuant to the Altisource 2023 LTIP.
- [F6]The remaining 4167 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 Ms. Esterman 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 0001544019
Filing Metadata
- Form type
- 4
- Filed
- Mar 23, 8:00 PM ET
- Accepted
- Mar 24, 6:34 PM ET
- Size
- 12.1 KB