Michelle D. Esterman - Jan 29, 2022 Form 4 Insider Report for ALTISOURCE PORTFOLIO SOLUTIONS S.A. (ASPS)

Role: Chief Financial Officer
Signature: /s/ Teresa L. Szupello, Attorney-in-Fact
Stock symbol: ASPS
Transactions as of: Jan 29, 2022
Transactions value $: -$18,656
Form type: 4
Date filed: 2/1/2022, 03:03 PM
Previous filing: Jan 26, 2022
Next filing: Feb 15, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ASPS	Common Stock	Options Exercise	$0	+5K	+15%	$0.00	38.3K	Jan 29, 2022	Direct	F2
transaction	ASPS	Common Stock	Tax liability	-$18.7K	-1.77K	-5.04%	$10.54	33.3K	Jan 29, 2022	Direct	F1

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	-5K	-100%	$0.00^*	0	Jan 29, 2022	Common Stock	5K	$0.00	Direct	F3

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

Explanation of Responses:

Id	Content
F1	Of the 5,000 restricted share units ("RSUs") vesting into shares reported above, 1,770 shares were foregone to pay for the tax withholding with a net issuance to Ms. Esterman of 3,230 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 31, 2022.
F2	5,000 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 final vesting of an RSU award granted on January 29, 2019. Each RSU represents a contingent right to receive one share of ASPS common stock.