Michelle D. Esterman - 01 Oct 2021 Form 4 Insider Report for Altisource Portfolio Solutions S.A. (ASPS)

Role
Chief Financial Officer
Signature
/s/ Teresa L. Szupello, Attorney-in-Fact
Issuer symbol
ASPS
Transactions as of
01 Oct 2021
Net transactions value
-$4,708
Form type
4
Filing time
05 Oct 2021, 16:03:06 UTC
Next filing
26 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASPS Common Stock Tax liability $4,708 -476 -1.4% $9.89 33,515 01 Oct 2021 Direct F2
transaction ASPS Common Stock Award $0 +1,583 +4.9% $0.000000 33,991 01 Oct 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1,583 shares of ASPS common stock were received upon the vesting of previously granted time-based restricted share units ("RSUs") pursuant to an award under the Altisource 2009 Equity Incentive Plan, as amended and restated.
F2 Of the 1,583 RSUs vesting into shares reported above, 476 shares were foregone to pay for the tax withholding with a net issuance to Ms. Esterman of 1,107 shares. Pursuant to the terms of the award agreement, the price per share used to determine the tax withholdings was the opening price of ASPS common stock on October 1, 2021.