Gregory J. Ritts - 29 Jan 2025 Form 4/A - Amendment 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
29 Jan 2025
Net transactions value
-$830
Form type
4/A - Amendment
Filing time
03 Feb 2025, 18:18:43 UTC
Date Of Original Report
31 Jan 2025
Previous filing
22 Mar 2024
Next filing
21 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASPS Common Stock Options Exercise $0 +2,613 +4.1% $0.000000 65,842 29 Jan 2025 Direct F1
transaction ASPS Common Stock Tax liability $830 -1,220 -1.9% $0.6800 64,622 29 Jan 2025 Direct F2, F3, F5

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 -2,613 -100% $0.000000 0 29 Jan 2025 Common Stock 2,613 $0.000000 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 2,613 shares of ASPS common stock were received upon the vesting of previously granted restricted share units ("RSUs") pursuant to an award under the Altisource 2022 Long Term Incentive Plan ("LTIP").
F2 Of the 2,613 shares granted to Mr. Ritts, reported above 1,220 shares were forgone to pay for the tax withholding with a net issuance to Mr. Ritts of 1,393 shares.
F3 Represents the cost per share used to determine the tax withholding; the opening price of ASPS common stock on the grant date.
F4 Represents the full and final vesting of Type II Performance-based RSUs previously granted pursuant to the Altisource 2022 LTIP. Our Compensation Committee approved vesting at 26.13% of target; the remaining RSUs failed to vest. Each RSU represents a contingent right to receive one share of ASPS common stock.
F5 This amendment includes the number of shares foregone to pay for the tax withholding on the shares acquired by the RSU vesting reported in Table II.