0001664272-24-000206.txt : 20240312
0001664272-24-000206.hdr.sgml : 20240312
20240312171308
ACCESSION NUMBER: 0001664272-24-000206
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240309
FILED AS OF DATE: 20240312
DATE AS OF CHANGE: 20240312
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Shepro William B
CENTRAL INDEX KEY: 0001289315
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34354
FILM NUMBER: 24743315
MAIL ADDRESS:
STREET 1: C/O ALTISOURCE PORTFOLIO SOLUTIONS S.A.
STREET 2: 33, BOULEVARD PRINCE HENRI
CITY: LUXEMBOURG
STATE: N4
ZIP: L-1724
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ALTISOURCE PORTFOLIO SOLUTIONS S.A.
CENTRAL INDEX KEY: 0001462418
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS BUSINESS SERVICES [7380]
ORGANIZATION NAME: 07 Trade & Services
IRS NUMBER: 000000000
STATE OF INCORPORATION: N4
BUSINESS ADDRESS:
STREET 1: 33, BOULEVARD PRINCE HENRI
STREET 2: L-1724 LUXEMBOURG CITY
CITY: GRAND DUCHY OF LUXEMBOURG
STATE: N4
ZIP: 50
BUSINESS PHONE: 352 24 69 79 00
MAIL ADDRESS:
STREET 1: 33, BOULEVARD PRINCE HENRI
STREET 2: L-1724 LUXEMBOURG CITY
CITY: GRAND DUCHY OF LUXEMBOURG
STATE: N4
ZIP: 50
FORMER COMPANY:
FORMER CONFORMED NAME: Altisource Portfolio Solutions S.A.
DATE OF NAME CHANGE: 20090625
FORMER COMPANY:
FORMER CONFORMED NAME: Altisource Portfolio Solutions S.a.r.l.
DATE OF NAME CHANGE: 20090422
4
1
f4_a1e2k00000wi8isua1-live.xml
PRIMARY DOCUMENT
X0508
4
2024-03-09
false
0001462418
ALTISOURCE PORTFOLIO SOLUTIONS S.A.
ASPS
0001289315
Shepro William B
C/O ALTISOURCE PORTFOLIO SOLUTIONS S.A.
33, BOULEVARD PRINCE HENRI
LUXEMBOURG
N4
L-1724
LUXEMBOURG
true
true
false
false
Chairman and CEO
false
Common Stock
2024-03-09
4
M
false
8761.0000
0.0000
A
8761.0000
D
Common Stock
2024-03-09
4
F
false
4128.0000
2.8000
D
4633.0000
D
Common Stock
2024-03-09
4
G
false
4633.0000
0.0000
D
0.0000
D
Common Stock
2024-03-09
4
G
false
4633.0000
0.0000
A
718848.0000
I
William B. Shepro Revocable Trust
Restricted Share Units
0.0000
2024-03-09
4
M
false
4200.0000
0.0000
D
Common Stock
4200.0000
0.0000
D
Restricted Share Units
0.0000
2024-03-09
4
M
false
4561.0000
0.0000
D
Common Stock
4561.0000
0.0000
D
8,761 shares of ASPS common stock were received upon the vesting of previously granted restricted share units ("RSUs") pursuant to awards under the Altisource 2021 Long Term Incentive Plan ("LTIP").
Of the 8,761 RSUs vesting into shares reported above, 4,128 shares were foregone to pay for the tax withholding with a net issuance to Mr. Shepro of 4,633 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 11, 2024.
Represents a transfer by gift by Mr. Shepro of 4,633 shares of ASPS common stock, acquired upon the vesting of Type I and Type II Performance- and Market-based RSUs, from his direct ownership to the William B. Shepro Revocable Trust.
Represents the final vesting of Type I Performance-based RSUs granted on March 9, 2021, pursuant to the Altisource 2021 LTIP. Each RSU represents a contingent right to receive one share of ASPS common stock.
Represents the full and final vesting of Type II Performance- and Market-based RSUs granted on March 9, 2021, pursuant to the Altisource 2021 LTIP. Each RSU represents a contingent right to receive one share of ASPS common stock.
/s/ Teresa L. Szupello, Attorney-in-Fact
2024-03-12