Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ASPS | Common Stock | Tax liability | -$9.25K | -2.02K | -2.41% | $4.59 | 81.5K | Mar 20, 2023 | Direct | F2 |
transaction | ASPS | Common Stock | Options Exercise | $0 | +8.31K | +11.05% | $0.00 | 83.5K | Mar 20, 2023 | Direct | F1 |
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 | -3.11K | -49.99% | $0.00 | 3.11K | Mar 20, 2023 | Common Stock | 3.11K | $0.00 | Direct | F4, F6, F7 |
transaction | ASPS | Restricted Share Units | Options Exercise | $0 | -2.74K | -100% | $0.00* | 0 | Mar 20, 2023 | Common Stock | 2.74K | $0.00 | Direct | F4, F5 |
transaction | ASPS | Restricted Share Units | Options Exercise | $0 | -2.46K | -100% | $0.00* | 0 | Mar 20, 2023 | Common Stock | 2.46K | $0.00 | Direct | F3, F4 |
Id | Content |
---|---|
F1 | 8,311 shares of ASPS common stock were received upon the vesting of restricted share units ("RSUs") pursuant to awards under the Altisource 2020 Long Term Incentive Plan ("LTIP") and the Altisource 2021 LTIP. |
F2 | Of the 8,311 RSUs vesting into shares reported above, 2,015 shares were surrendered to pay for the tax withholding with a net issuance to Ms. Esterman of 6,296 shares. The price per share used to determine the tax withholdings was the opening price of Altisource Portfolio Solutions S.A. ("ASPS") common stock on March 20, 2023. |
F3 | Represents the final vesting of Type I performance-based RSUs granted on January 24, 2020, pursuant to the Altisource 2020 LTIP. Each RSU represents a contingent right to receive one share of ASPS common stock. |
F4 | The vesting dates of the Altisource 2020 LTIP and the Altisource 2021 LTIP awards previously scheduled to vest on January 24, 2023 and March 9, 2023 were deferred until March 20, 2023 upon the approval of the Altisource Compensation Committee. |
F5 | Represents the full and final vesting of Type II performance-based RSUs granted on January 24, 2020, pursuant to the Altisource 2020 LTIP. Each RSU represents a contingent right to receive one share of ASPS common stock. |
F6 | Represents the second tranche of Type I performance-based RSUs granted on March 9, 2021, pursuant to the Altisource 2021 LTIP. Each RSU represents a contingent right to receive one share of ASPS common stock. |
F7 | The remaining 3,112 RSUs are scheduled to vest on the third anniversary of the March 9, 2021 grant date (i.e., March 9, 2024). |