Michelle D. Esterman - Feb 26, 2023 Form 4 Insider Report for ALTISOURCE PORTFOLIO SOLUTIONS S.A. (ASPS)

Signature
/s/ Teresa L. Szupello, Attorney-in-Fact
Stock symbol
ASPS
Transactions as of
Feb 26, 2023
Transactions value $
-$3,173
Form type
4
Date filed
3/3/2023, 05:59 PM
Previous filing
Feb 14, 2023
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASPS Common Stock Tax liability -$3.17K -593 -0.88% $5.35 66.7K Feb 26, 2023 Direct F2
transaction ASPS Common Stock Options Exercise $0 +2K +3.06% $0.00 67.3K Feb 26, 2023 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 -2K -100% $0.00* 0 Feb 26, 2023 Common Stock 2K $0.00 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 2,000 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 Company's 2009 Equity Incentive Plan, as amended and restated.
F2 Of the 2,000 RSUs vesting into shares reported above, 593 shares were foregone to pay for the tax withholding with a net issuance to Ms. Esterman of 1,407 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 February 27, 2023 (the next active trading day following the vesting).
F3 Due to an administrative error, this Form 4 was not filed by the requisite deadline, and is being filed now to correct the delinquency.
F4 Represents the vesting of RSUs. Each RSU represents a contingent right to receive one share of ASPS common stock.