Gregory J. Ritts - Mar 9, 2023 Form 4 Insider Report for ALTISOURCE PORTFOLIO SOLUTIONS S.A. (ASPS)

Role: Chief Legal/Compliance Officer
Signature: /s/ Teresa L. Szupello, Attorney-in-Fact
Stock symbol: ASPS
Transactions as of: Mar 9, 2023
Transactions value $: -$72
Form type: 4
Date filed: 3/13/2023, 04:47 PM
Previous filing: Mar 3, 2023
Next filing: Mar 22, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ASPS	Common Stock	Tax liability	-$72	-13	-0.03%	$5.52	39K	Mar 9, 2023	Direct	F2
transaction	ASPS	Common Stock	Options Exercise	$0	+26	+0.07%	$0.00	39K	Mar 9, 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	-26	-100%	$0.00^*	0	Mar 9, 2023	Common Stock	26	$0.00	Direct	F3

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

Explanation of Responses:

Id	Content
F1	26 shares of ASPS common stock were received upon the vesting of previously granted restricted share units ("RSUs") pursuant to an award under the 2009 Equity Incentive Plan, as amended and the 2020 Annual Incentive Plan.
F2	Of the 26 RSUs vesting into shares reported above, 13 shares were foregone to pay for the tax withholding with a net issuance to Mr. Ritts of 13 shares. Pursuant to the terms of the award agreement, the price per share used to determine the tax withholding was the opening price of ASPS common stock on March 9, 2023.
F3	Represents the vesting of RSUs. Each RSU represents a contingent right to receive one share of ASPS common stock.