Gregory J. Ritts - 24 Jan 2022 Form 4 Insider Report for ALTISOURCE PORTFOLIO SOLUTIONS S.A. (ASPS)

Role: Chief Legal/Compliance Officer
Signature: /s/ Teresa L. Szupello, Attorney-in-Fact
Issuer symbol: ASPS
Transactions as of: 24 Jan 2022
Net transactions value: -$10,752
Form type: 4
Filing time: 26 Jan 2022, 15:15:45 UTC
Previous filing: 16 Nov 2021
Next filing: 15 Feb 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	$10,752	-991	-4%	$10.85	23,860	24 Jan 2022	Direct	F1
transaction	ASPS	Common Stock	Options Exercise	$0	+2,106	+8.8%	$0.000000	25,966	24 Jan 2022	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ASPS	Restricted Share Units	Options Exercise	$0	-2,106	-50%	$0.000000	2,105	24 Jan 2022	Common Stock	2,106	$0.000000	Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Of the 2,106 restricted share units ("RSUs") vesting into shares reported above, 991 shares were foregone to pay for the tax withholding with a net issuance to Mr. Ritts of 1,115 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 January 24, 2022.
F2	2,106 shares of ASPS common stock received upon the vesting of previously granted RSUs pursuant to an award under the 2009 Equity Incentive Plan, as amended.
F3	Represents the vesting of RSUs. Each RSU represents a contingent right to receive one share of ASPS common stock.
F4	The remaining 2,105 RSUs are scheduled to vest on the third anniversary of the January 24, 2020 grant date (i.e., January 24, 2023).