Shepro William B 4/A

Accession 0001664272-25-000267

CIK 0001462418other

Filed

Apr 7, 8:00 PM ET

Accepted

Apr 8, 4:51 PM ET

Size

22.6 KB

Accession

0001664272-25-000267

Form 4/AAmended

Period: 2025-04-03

DirectorChief Executive Officer

Transactions

Award
Cash Exercise Stakeholder Warrants (Right to Buy)
2025-04-03+940,969→ 940,969 total(indirect: By Trust)
Exercise: $1.95Exp: 2029-04-02→ Common Stock (1,529,074 underlying)
Gift
Cash Exercise Stakeholder Warrants (Right to Buy)
2025-04-03−210,498→ 2,875,250 total
Exercise: $1.95Exp: 2029-04-02→ Common Stock (342,059 underlying)
Award
Cash Exercise Stakeholder Warrants (Right to Buy)
2025-04-03+3,085,748→ 3,085,748 total
Exercise: $1.95Exp: 2029-04-02→ Common Stock (5,014,340 underlying)
Gift
Net Settle Stakeholder Warrants (Right to Buy)
2025-04-03+210,498→ 210,498 total(indirect: By Trust)
Exercise: $1.95Exp: 2032-04-30→ Common Stock (342,059 underlying)
Award
Net Settle Stakeholder Warrants (Right to Buy)
2025-04-03+940,969→ 1,151,467 total(indirect: By Trust)
Exercise: $1.95Exp: 2032-04-30→ Common Stock (1,529,074 underlying)
Gift
Cash Exercise Stakeholder Warrants (Right to Buy)
2025-04-03+210,498→ 1,151,467 total(indirect: By Trust)
Exercise: $1.95Exp: 2029-04-02→ Common Stock (342,059 underlying)
Award
Net Settle Stakeholder Warrants (Right to Buy)
2025-04-03+3,085,748→ 3,085,748 total
Exercise: $1.95Exp: 2032-04-30→ Common Stock (5,014,340 underlying)
Gift
Net Settle Stakeholder Warrants (Right to Buy)
2025-04-03−210,498→ 2,875,250 total
Exercise: $1.95Exp: 2032-04-30→ Common Stock (342,059 underlying)

Footnotes (4)

[F1]The reporting person has amended this Form 4 to (i) include missing footnotes or delete footnotes and (ii) adjust certain dates and numbers.
[F2]The reporting person received the Cash Exercise Stakeholder Warrants ("Cash Exercise Warrants") and the Net Settle Stakeholder Warrants ("Net Settle Warrants," and collectively with the Cash Exercise Warrants, the "Warrants") as part of a distribution by the Issuer of transferable warrants to certain securityholders of the Issuer for no consideration.
[F3]The initial exercise date of the Warrants is the later of (i) July 2, 2025 and (ii) first date on which the VWAP (as defined in the Warrant Agent Agreement, a copy of which was filed as Exhibit 4.1 to the Issuer's Current Report on Form 8-K filed with the SEC on April 2, 2025 (the "Warrant Agreement")) of the common stock equals or exceeds the Implied Per Share Exercise Price (as defined in the Warrant Agreement) of the Warrants (initially, $1.20).
[F4]Represents a transfer by gift from Mr. Shepro's direct ownership to the William B. Shepro Revocable Trust of Warrants.

Documents

1 file

ALTISOURCE PORTFOLIO SOLUTIONS S.A.

CIK 0001462418

Entity typeother